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Anwar: No GST For Now

Mar 14, 2023

Malaysia will only consider reintroducing the Goods and Services Tax, once Malaysians have better income.
 
PM Datuk Seri Anwar Ibrahim says it doesn't make sense to bring GST back now, as salaries are still low.

He adds that other countries with GST, such as Singapore and Canada, have a higher income level compared to Malaysia.

Datuk Seri Anwar also says instead of GST, the government is looking to increase its revenue by introducing new taxes such as the Luxury Goods tax.

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Speaking of which, the Finance Ministry says details of the proposed luxury goods tax will be announced in June...

Its deputy minister says the details are still being fine-tuned. 

The new tax was proposed during Budget 2023, on luxury goods such as watches and clothes. 
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B40 recipients will receive the second phase of Sumbangan Tunai Rahmah payments before Hari Raya.

Prime Minister Datuk Seri Anwar Ibrahim says payments will be made by early April.

Eligible Malaysians have until March 31st to submit their applications if they wish to receive the aid in time for Raya.

The first phase of the STR assistance programme saw 1.67 billion ringgit being channelled to 8.7 million recipients.