Budget 2014: Tax reduction will help lower-income group, says Tee Yong


Datuk Chua Tee Yong

KUALA LUMPUR: The reduction in income tax will help the lower-income group to cope when the Goods and Services Tax (GST) takes effect in 2015, said MCA young professionals bureau chief Datuk Chua Tee Yong.

He said those with taxable income of between RM50,000 and RM70,000 would have their tax reduced from 19% to 16%.

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Budget 2014 , Parliament , Finance Ministry

   

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