Getting GST acceptance will be tough


AS soon as talk of introducing a goods and services tax (GST) was uttered, reaction to such a move has been swift.

Opposition to a GST kicked off as soon as Minister in the Prime Minister’s Department Datuk Seri Idris Jala stirred some quarters when he suggested that a GST rate of 7%, which is the rate in Singapore, will yield the Government up to RM27bil in extra income.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , GST , economy , taxes , education , wastage

Next In Business News

Great views, great premiums
Recent fires expose glaring oversights
Let’s get it right about BTS 10:90
IMF evaluation reflects Malaysia’s strong economic fundamentals, economists say
MATRADE appoints Abu Bakar Yusof as CEO
Ringgit poised to see profit-taking after hitting near six-year high vs greenback
Political clarity could unlock valuation multiples
Racing to deliver
The illusion of beat estimates
Boost for Abu Dhabi’s global push

Others Also Read