PUTRAJAYA: The government has no plans to introduce a broad-based consumption tax, particularly the Goods and Services Tax (GST), as an alternative to...
The government has no plans to introduce a broad-based consumption tax, particularly the Goods and Services Tax , as an alternative to removing subsidies for RON95 petrol, said Communications Minister Fahmi Fadzil.
“No, there were never discussions,” he said briefly, addressing the rumours when asked by reporters after attending the full dry-run session of the 2024 National Day Celebration at Dataran Putrajaya today. The article, citing sources familiar with the matter, claimed that the Cabinet had discussed this measure, arguing that reinstating GST might be politically easier than removing petrol subsidies for RON95, given that Malaysia is an oil producer and many Malaysians view affordable petrol as essential.
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