Getting GST right

Experts suggest GST to be reintroduce at 4% from 2022

PETALING JAYA: Timing is key when it comes to bringing back the unpopular goods and services tax (GST).

While experts have said that the broad-based consumption tax is necessary to strengthen the government’s coffers and broaden the tax base, a rushed move to revive the GST could have damaging effects on the economy, particularly in current times where recovery remains fragile.