Malaysian GST Blip: Still on the Fence
Guess what? The Ministry of Finance still hasn’t nailed down a date to ditch the Goods and Services Tax (GST). They dropped the news on Monday, saying the big tax‑shake‑up isn’t on the calendar yet.
The New PM’s Sweet‑Talk
Prime Minister Mahathir Mohamad’s freshly elected team promised a GST “vanishing act” within the first 100 days. Grand plans, indeed.
Rumors or Reality?
Word on the street, via TikTok vibes, was that the VAT would kick the party in on June 1, and for two years the government would put the tax on a “no‑tax” vacation. Spoiler: that’s not happening.
Officially, the Takeaway
- Business heads: keep paying GST like before.
- Government’s plea: The hike isn’t a plan, but we’re still standing—no new tax for the first two years, according to the ministry’s note.
Rahul’s Confidence
Mahathir claimed, in a Sunday chat, that Malaysia’s coffers were juicy enough to pull the plug on GST. A rhetorical flourish—just how it goes.
Closing Note
So, until the finance folks drop a concrete deadline, the GST remains in play. Buckle up—tax season’s still on the syllabus.
