Treasury quashes rumour on GST hike


KUALA LUMPUR: The Government has no intention of increasing the existing 6% Goods and Services Tax (GST) in Budget 2017 which will tabled by Prime Minister Datuk Seri Najib Tun Razak tomorrow.

Second Finance Minister Datuk Johari Abdul Ghani brushed off rumours that the Government would increase the GST by 2%.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , gst

   

Next In Business News

S&P profit recovery revs up on Big Tech and strong consumer run
Good decision by EPF to give flexibility to members regarding Account 3
VW, Renault end talks to develop affordable EV
Bearish CPO fundamentals likely to persist
Texas braces for more summer electricity alerts
Global stock markets on record-hitting spree
Green economy push
April data confirm China’s economic recovery is still uneven
Solid backing for pursuit of cutting-edge growth
Monsoon season is great news for stocks

Others Also Read