LatestGoods & Service Tax (GST) 30 October 2026
GST Revival Needs Higher Incomes, Lower Costs
Finance Minister Amir Hamzah warns that reinstating GST would burden low‑income households and raise business compliance costs. He says a GST revival can only succeed if it coincides with higher household incomes and lower living expenses, so the tax does not hurt the most vulnerable.
Finance Minister Amir Hamzah warns reinstating the Goods and Services Tax (GST) would burden low‑income households and raise compliance costs for businesses.
- GST revival only viable with higher incomes
- Needs lower living costs to protect vulnerable groups
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