2023年9月1日星期五
Wei Jiaxiang proposes reintroducing (GST) into the 2024 fiscal package
MCA President Datuk Seri Wee Ka Siong suggested reintroducing the Goods and Services Tax (GST), which was abolished in 2018, in the 2024 budget. He made three suggestions through a video uploaded on his account. He pointed out that there could be zero taxation initially; then there could be a list of exemptions and finally there could be cash gifts. As for the second recommendation, he had suggested that the unity government led by Prime Minister Datuk Seri Anwar Ibrahim focus on micro, small and medium enterprises (PMKS) affected by the implementation of the Unequal Cost Relief Mechanism (ICPT). The third suggestion is that the government should consider granting tax exemptions to individuals, especially the M40 and T20 groups.
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