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.

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Business , GST , economy , taxes , education , wastage

   

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