Sin taxes likely to be increased


  • Business Premium
  • Saturday, 07 Jul 2007

kathy@thestar.com.my 

PETALING JAYA: The surprise excise duty hike for tobacco has raised concerns about similar tax increases in the brewery and gaming sectors, given that the Government needs more revenue to stimulate the economy. 

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Destini secures RM531.4mil contract from MoT Premium
Ringgit ends unchanged versus US dollar Premium
SCIB secures EPCC contract worth RM38mil Premium
Sarawak Oil Palms' 1Q net profit jumps to RM194mil Premium
Boustead Plantations’ net profit surges to RM435mil in 1Q Premium
Compelling measures taken, SMG poised for a turnaround Premium
FBM KLCI pares losses but still in red Premium
MPC: Oil palm sector risks losing RM28bil in 2022 without foreign workers Premium
Bank Negara international reserves down to US$111.4bil Premium
Indonesia set to resume palm oil exports but policy uncertainty persists Premium

Others Also Read