{"id":10957,"date":"2022-06-09T12:04:58","date_gmt":"2022-06-09T12:04:58","guid":{"rendered":"https:\/\/staging2.tengkuzafrulaziz.com\/?p=10957"},"modified":"2024-10-30T12:09:10","modified_gmt":"2024-10-30T12:09:10","slug":"new-law-to-pave-way-for-gst-comeback-in-malaysia","status":"publish","type":"post","link":"https:\/\/tengkuzafrulaziz.com\/en\/new-law-to-pave-way-for-gst-comeback-in-malaysia\/","title":{"rendered":"NEW LAW TO PAVE WAY FOR GST COMEBACK IN MALAYSIA?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10958\" src=\"https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/10\/The-Sun-Malaysia_3-images-0-scaled-e1730289997936.jpg\" alt=\"\" width=\"1531\" height=\"1941\" srcset=\"https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/10\/The-Sun-Malaysia_3-images-0-scaled-e1730289997936.jpg 1531w, https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/10\/The-Sun-Malaysia_3-images-0-scaled-e1730289997936-237x300.jpg 237w, https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/10\/The-Sun-Malaysia_3-images-0-scaled-e1730289997936-808x1024.jpg 808w, https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/10\/The-Sun-Malaysia_3-images-0-scaled-e1730289997936-768x974.jpg 768w, https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/10\/The-Sun-Malaysia_3-images-0-scaled-e1730289997936-1212x1536.jpg 1212w\" sizes=\"auto, (max-width: 1531px) 100vw, 1531px\" \/><\/p>\n<p>Malaysia\u2019s new Fiscal Responsibility Act may pave the way for reintroducing the Goods &amp; Services Tax (GST), possibly at a 4% initial rate, according to OCBC Treasury Research. The Finance Ministry intends to table the act in Parliament, aiming to widen the tax base and improve compliance. Although past GST implementation faced challenges, rising subsidy bills and limited fiscal options may push the government towards GST to address revenue gaps amid increasing fiscal strain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia\u2019s new Fiscal Responsibility Act may pave the way for reintroducing the Goods &amp; Services Tax (GST), possibly at a 4% initial rate, according to OCBC Treasury Research. The Finance Ministry intends to table the act in Parliament, aiming to widen the tax base and improve compliance. Although past GST implementation faced challenges, rising subsidy [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":10960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[90],"class_list":["post-10957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-mof"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NEW LAW TO PAVE WAY FOR GST COMEBACK IN MALAYSIA? - TZA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tengkuzafrulaziz.com\/en\/new-law-to-pave-way-for-gst-comeback-in-malaysia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEW LAW TO PAVE WAY FOR GST COMEBACK IN MALAYSIA? - TZA\" \/>\n<meta property=\"og:description\" content=\"Malaysia\u2019s new Fiscal Responsibility Act may pave the way for reintroducing the Goods &amp; Services Tax (GST), possibly at a 4% initial rate, according to OCBC Treasury Research. 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