Connect with us

Social Stories

GST Will Now Be Reduced to 0% Starting 1 June 2018, Says MOF

Published

Ministry Of Finance: Gst To Be Reduced From 6% To 0% Starting 1 June 2018 - World Of Buzz
Source: The Malay Mail

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Good news folks! Malaysians will no longer have to pay for the Goods and Service Tax (GST)!

No, it’s not fake news this time because the Ministry of Finance has just uploaded a media release on their official Facebook page saying that GST will be reduced from the current six per cent to zero per cent starting 1 June 2018.

Here’s the full media release.

32643283 10155799547713547 2324073779585613824 N

Source: facebook

In case you’re still having a hard time believing this, you should know that Tun Mahathir had already instructed the government to stop collecting GST. In fact, the government will reimburse business owners for the extra GST money they’ve collected earlier.

This is certainly shocking to hear for most Malaysians because although Pakatan Harapan’s manifesto did mention that GST would be abolished within 100 days if they take over Putrajaya, this is considered pretty damn early – after all, the new federal government is not even 1-week old!

Image 4

Source: sinar harian

Anyway, kudos to the new federal government for their efficiency and also staying true to their promises! Kipidap! 

 

Also read: Mahathir is Not Showing Any Mercy to Najib for 1MDB Scandal

No Deal 1

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Dd Ft 91 Dd Ft 91
News15 hours ago

“Last trip before Raya” – Lorry Driver’s Excuse for Unsecured Load Fails, JPJ Kedah Issues Summons

The Road Transport Department (JPJ) has been carrying out operations across various districts ahead of the upcoming Hari Raya Aidilfitri...

Collage 65 Collage 65
News15 hours ago

JPJ Fines Driving Instructor for Not Wearing Seatbelt While Teaching Learner Driver on Kedah Highway

In a recent incident in Jitra, Kedah, a driving instructor was reminded the hard way that road safety rules apply...

Dd Ft 89 Dd Ft 89
News1 day ago

M’sians Outraged as Kelantan Store Owner ‘Only’ Jailed 2 Weeks for Molesting Elderly Customer During Ramadan

A shocking incident took place in Mukim Pauh Sembilan, Bachok, Kelantan, during Ramadan, involving a customer of a grocery store...

Dd Ft 86 Dd Ft 86
News2 days ago

“Bring them home!” – M’sians Fume Over 3 Local Elephants Being Sent to Japan Despite Govt Assurance

Many Malaysians recently voiced concerns about the welfare of three local elephants after news spread that they were being transported...

Collage 63 Collage 63
News3 days ago

JPJ Officers Go Undercover as Passengers, Find Bus Driver Using Phone & Breaking Rules on JB-KL Journey

As Malaysians prepare for the busy Hari Raya Aidilfitri travel season, enforcement officers from the Johor Road Transport Department (JPJ)...

Dd Ft 81 Dd Ft 81
News3 days ago

Motorcyclist Killed On The Spot by Falling Tree in Alor Setar, City Council Offers ‘Compassionate Aid’ to Family

Just yesterday (15 March), a man tragically died on the spot while another was injured after a tree fell on...

Collage 61 Collage 61
News3 days ago

32yo M’sian Smashes PDRM Truck Window with a Hammer to Prove He Isn’t a “Snitch”, Gets Arrested

To prove a point, a 32-year-old man in Sarawak deliberately got himself arrested by the Royal Malaysian Police (PDRM). He...

Collage 60 Collage 60
News4 days ago

Ex-Law Minister Slams PMX’s Decision to Grant Extra Raya Holiday, Says It’ll Cost Malaysia RM1 Billion

Former Law Minister Datuk Zaid Ibrahim has voiced his concerns following Prime Minister Datuk Seri Anwar Ibrahim’s announcement of an...

Announcement

Latest Videos



TRENDING TODAY