Zahid: BN to Push for GST Reintroduction After GE16 for Fairer Taxation
Barisan Nasional (BN) chairman Datuk Seri Ahmad Zahid Hamidi declared the coalition will advocate for the reintroduction of the Goods and Services Tax (GST) after the 16th General Election (GE16), hailing it as the fairest and most effective tax regime for boosting national revenue.
Speaking at the Makkal Sakti Party’s 17th AGM in Butterworth, he said BN would tolerate the current Sales and Services Tax (SST) for now, with about two years left. The call echoed Makkal Sakti president Datuk Seri R S Thanenthiran’s plea, citing SST’s public hardships.
GST, implemented in April 2015 under then-PM Najib Razak at 6%, was highly disputed by opposition parties like Pakatan Harapan, who criticised it as burdensome on lower-income groups and regressive. Its unpopularity is widely seen as a key factor in BN’s shocking defeat in the 2018 election, leading to GST’s abolition and SST’s introduction. Critics argue GST disproportionately affects the poor, while supporters claim it broadens the tax base fairly.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
Padini Holdings' shares decline due to a MACC investigation, creating uncertainty that affects investor sentiment…
AIA Vitality celebrates 10 years, reaching 391,000 members while driving healthier lifestyles through rewards, data…
Tan further underscored that the FWCMS has successfully operated across five different government administrations, a…
WRP’s closure provides a blueprint for risk management for interconnected sectors
ViTrox beats forecasts with strong 1QFY26, AI-driven demand, China expansion plans, and robust order backlog…
Overall, investor strategy is likely to remain selective, favouring stability and earnings visibility over high-risk…
This website uses cookies.