GST not suitable for implementation yet because Rakyat's income still low
Anwar, who is also the Finance Minister, said the government did not completely reject the proposal to re-implement the GST, but the ability of low-income people must be taken into account first because the taxation system has a comprehensive impact.
20 Jun 2025 10:40am
Anwar said the government believes that the re-implementation of GST should only be considered when the average income of the people has increased to a more reasonable level of at least RM4,000 a month. - Bernama file photo
PUTRAJAYA - The Goods and Services Tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the rakyat's income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim.
Anwar, who is also the Finance Minister, said the government did not completely reject the proposal to re-implement the GST, but the ability of low-income people must be taken into account first because the taxation system has a comprehensive impact. Anwar, who is also the Finance Minister, said the government did not completely reject the proposal to re-implement the GST, but the ability of low-income people must be taken into account first because the taxation system has a comprehensive impact. - Bernama photo
"We postponed (GST) because the income of the people was still too low. My opinion at the time was that people with an income of RM2,000 were still affected although we gave some exemptions.'
"Sugar and rice are not affected, but when people buy other goods or ride the bus, indirectly GST (is imposed) meaning it is comprehensive,' he said during the Finance Ministry's monthly assembly here today.
Anwar said the government believes that the re-implementation of GST should only be considered when the average income of the people has increased to a more reasonable level of at least RM4,000 a month. - BERNAMA
More Like This
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
19 minutes ago
- The Sun
Rahmah sale brings big savings to shoppers in Seremban
SEREMBAN: 'The prices are much cheaper than the market. I can save a lot' - that was the reaction of a buyer at the Rahmah MADANI Sales Programme (PJRM) organised by the Ministry of Domestic Trade and Cost of Living (KPDN) here today. Contractor Hasrul Hashim, 38, from Ampangan, said the sale gave him great relief in managing his family's expenses especially with the increasing prices of basic goods in the market. 'It's not just a cheap sale, but a monthly saver. This is my second time at a Rahmah Sale programme, and my first to this sale here. I'm excited because the prices of the goods offered are a lot cheaper. 'Even though there's a supermarket right in front of my house, I prefer coming to this sale. I can save up to 60 per cent on purchases. So I hope the government will continue to hold this kind of sale and at more places,' he said when met by Bernama at the PJRM in Dataran Ampangan today. Housewife Mariam Abdul Kadir, 68, described the sale as not only helping her financially but also saving her time and energy because the location is closer to her home. 'This sale is held near a restaurant, so while I was here for breakfast, I decided to stop by. From a distance, I notice the signboard displaying much cheaper prices for various items like eggs, sardines and flour,' she said. A food trader, Zalina Yeon, 65, said the programme not only benefits those with limited means but also provides small and medium-sized traders with the opportunity to buy goods for sale at lower prices. 'I always go to this kind of sale. I'll check the prices, and if they are reasonable, I'll buy. This sale offers affordable prices. When we can get raw materials at lower prices, it allows us to sell our food at cheaper prices too,' she said. The programme, which opens from 8.30 am to 12.30 pm, offered, among others, fresh chicken at RM7 per kilogramme (kg), grade B eggs (RM9), five kg of cooking oil (RM25) and one kg of wheat flour (RM2.50). Meanwhile, Negeri Sembilan KPDN director Muhammad Zahir Mazlan said PJRM recorded a total sales value of RM51.95 million through 21 series involving 732 programmes across the state since last January.
The Sun
24 minutes ago
- The Sun
Rahmah MADANI sale offers goods at amazing prices
SEREMBAN: 'The prices are much cheaper than the market. I can save a lot' - that was the reaction of a buyer at the Rahmah MADANI Sales Programme (PJRM) organised by the Ministry of Domestic Trade and Cost of Living (KPDN) here today. Contractor Hasrul Hashim, 38, from Ampangan, said the sale gave him great relief in managing his family's expenses especially with the increasing prices of basic goods in the market. 'It's not just a cheap sale, but a monthly saver. This is my second time at a Rahmah Sale programme, and my first to this sale here. I'm excited because the prices of the goods offered are a lot cheaper. 'Even though there's a supermarket right in front of my house, I prefer coming to this sale. I can save up to 60 per cent on purchases. So I hope the government will continue to hold this kind of sale and at more places,' he said when met by Bernama at the PJRM in Dataran Ampangan today. Housewife Mariam Abdul Kadir, 68, described the sale as not only helping her financially but also saving her time and energy because the location is closer to her home. 'This sale is held near a restaurant, so while I was here for breakfast, I decided to stop by. From a distance, I notice the signboard displaying much cheaper prices for various items like eggs, sardines and flour,' she said. A food trader, Zalina Yeon, 65, said the programme not only benefits those with limited means but also provides small and medium-sized traders with the opportunity to buy goods for sale at lower prices. 'I always go to this kind of sale. I'll check the prices, and if they are reasonable, I'll buy. This sale offers affordable prices. When we can get raw materials at lower prices, it allows us to sell our food at cheaper prices too,' she said. The programme, which opens from 8.30 am to 12.30 pm, offered, among others, fresh chicken at RM7 per kilogramme (kg), grade B eggs (RM9), five kg of cooking oil (RM25) and one kg of wheat flour (RM2.50). Meanwhile, Negeri Sembilan KPDN director Muhammad Zahir Mazlan said PJRM recorded a total sales value of RM51.95 million through 21 series involving 732 programmes across the state since last January.
The Star
34 minutes ago
- The Star
Iran evacuation: Wisma Putra finalising efforts, M'sians to leave Iran today
KUALA LUMPUR: The Foreign Ministry is finalising its efforts to repatriate Malaysian citizens and their family members from Iran amid the ongoing Israel-Iran conflict. The ministry, in a Facebook post Friday (June 20), said those who have agreed to join the repatriation process are expected to leave Tehran on Friday. The ministry is also working in close coordination with relevant missions to ensure a quick, smooth and safe journey for all involved. On Wednesday (June 18), Communications Minister and Madani government spokesperson Datuk Fahmi Fadzil said Malaysia would evacuate its citizens from Iran on Friday in light of the heightened security risks following an escalation of conflict between Israel and Iran. - Bernama
