Govt will only implement GST if minimum salary threshold increases to RM3,000: PM

LocalPolitics
13 Oct 2024 • 3:00 PM MYT
Daily Express
Daily Express

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By: Bernama

KUALA LUMPUR: The government will only implement the Goods and Services Tax (GST) if the minimum income threshold is at RM3,000-RM4,000, said Prime Minister Datuk Seri Anwar Ibrahim.

Currently, the minimum monthly wage in Malaysia is RM1,500.

Acknowledging the tax system as efficient and transparent, Anwar said the GST would also help to expand the government’s coffers with higher revenue collection.

However, he believes that the poor should not be burdened with such a tax system.

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Anwar, who is also the Finance Minister, said the GST implementation has been an ongoing issue for decades, even during his time as Finance Minister in the 1990s.

He disagreed at that time, believing that addressing corruption involving billions of ringgit should be a priority.

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