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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
GST , SST , tax , Bank Islam , Fitch , rating , economy ,

Next In Business News

UWC among top gainers in early trade following strong 1Q performance
Ringgit firms to 4.07 against US$ on improved sentiment
FBM KLCI slips on profit-taking after rally
Singapore's November exports rise 11.6% y-o-y, stronger than expected
Trading ideas: Velesto, GenM, PTT Synergy, Carimin, Mesiniaga, Ge-Shen, GDB, Aeon Credit, UWC, Cypark, Marine & General, Scientex Packaging, Apollo
Oil settles down amid ample supply, Russia-Ukraine progress�
Wall St ends mixed as healthcare, energy stocks weigh on S&P
REITs sector earnings expected to strengthen
TotalEnergies wins Google DC job in M’sia
Pivot to energy infrastructure a positive for Binastra

Others Also Read