The prime minister says introducing a broad-based tax just impacts the poor.
KUALA LUMPUR: Prime Minister Anwar Ibrahim says the government needs to reduce subsidies on the rich before reintroducing the goods and services tax .
“You have to give some time, but then do you do nothing? No. You have to broaden the tax base, for sure, but you have to first reduce subsidies to the rich,” he said. He added that Malaysia is focusing on clarity in its policies to ensure it can attract investments as it successfully did in the 1990s.
“We have been able to attract major investments in the past five to six months from China, the US and Europe.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Dr Wee welcomes govt's willingness to reintroduce GSTKUALA LUMPUR: With the Goods and Services Tax (GST) has been proven to be an excellent mechanism to generate revenue for the country, Datuk Seri Dr Wee Ka Siong says he welcomes the government's willingness to consider the idea of reinstating the taxation method.
Leggi di più »
Govt to cancel projects which are yet to commence, says AnwarThe prime minister says these projects will be cancelled to make way for more urgent ones.
Leggi di più »
12MP: Govt committed to reduce income gap between rural and urban residents, says PM AnwarKUALA LUMPUR, Sept 11 — The government is determined to close the income gap ratio between rural and urban residents from 0.57 in 2022 to 0.67 in 2025, said Datuk Seri Anwar...
Leggi di più »
Anwar says govt to cancel projects yet to commenceKuala Lumpur: Putrajaya will scrap government projects that were approved several years ago but have yet to commence, the prime minister said.
Leggi di più »
GST reintroduction needs to be carefully executedKUALA LUMPUR: The possibility of reintroducing goods and services tax (GST) will need to be carefully executed to ensure the people gain full benefit from the tax system, economists said.
Leggi di più »
12MP review: Option of reintroducing GST remains, says RafiziKUALA LUMPUR: Reviving the goods and services tax (GST) still remains an option, says Rafizi Ramli.
Leggi di più »