Prime Minister Datuk Seri Najib Razak believes the goods and services tax is halal and will not burden the people. – The Malaysian Insider file pic, April 1, 2015.
The goods and services tax (GST) that took effect today is "halal" and will not burden the people, says Prime Minister Datuk Seri Najib Razak.
Speaking at the World Halal Summit 2015 today, Najib said the National Fatwa Council had given its stamp of approval to the 6% consumption tax, that applies to a broad range of goods and services beginning today.
""It's confirmed by our fatwa. The National Fatwa Council has said that GST is halal.
"Therefore it is appropriate for me to mention this today at this function," Najib said when giving the keynote address at the summit, held at the Kuala Lumpur Convention Centre today.
Najib said introducing the GST was an important move for Malaysia which aimed to be a high income nation.
"This is a historic move in the history of the country's tax reform. It is ensure a more efficient taxation system that is also effective, transparent, easy to use and which will contribute to ensuring that Malaysia achieves its goal of being a high income nation by 2020," Najib said.
- TMI
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