LatestGoods & Service Tax (GST) 6 July 2026
GST Reintroduction Proposed
The government is being urged to begin preparations for reintroducing the Goods and Services Tax, with Dr. Wee Ka Siong arguing that it is necessary, diesel subsidies and banking profits are also in focus as Dewan Rakyat sits today to discuss these important issues, the discussion will center around the potential impact of GST on the economy and the current state of diesel subsidies and banking profits, with the goal of finding solutions to these pressing problems
The Malaysian government is considering the reintroduction of the Goods and Services Tax (GST), with Dr. Wee Ka Siong leading the charge. The main points of discussion include:
- the potential impact of GST on the economy
- the current state of diesel subsidies
- the profits of banking institutions,
Dr. Wee Ka Siong will urge the government to start making preparations for the reintroduction of GST, citing its potential benefits, the discussion will be held as Dewan Rakyat sits today
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