PETALING JAYA: Houses costing less than RM500,000 should be exempted from the Goods and Services Tax (GST) to encourage developers to build more affordable homes, especially in Kuala Lumpur, Johor and Penang.
“In principle, we support the Government’s implementation of GST, which we think is a more equitable taxation scheme in the long run,” said the Real Estate and Housing Developers’ Association (Rehda) yesterday.
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