Govt looking at alternatives to wealth tax, may bring back GST, says Deputy Finance Minister II

Govt looking at alternatives to wealth tax, may bring back GST, says Deputy Finance Minister II

The government is looking at alternatives to a wealth tax, including a Goods and Services Tax (GST), to raise funds for its coffers, says Mohd Shahar Abdullah.br br The Deputy Finance Minister II said that when answering Wong Shu Qui (PH-Kluang) in the Dewan Rakyat on Thursday (Dec 10), adding that the government is currently studying the feasibility of reintroducing the GST and other consumer-based tax models after taking all aspects into consideration.br br Shahar also said that at the moment, the government is focusing on improving governance and has set up a multi-agency task force to better manage the nation's finances.


User: The Star

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Uploaded: 2020-12-10

Duration: 05:40

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