Budget 2014: Wide support for revised RPGT


PETALING JAYA: The increase in the Real Property Gains Tax (RPGT) to discourage speculative buying has come in for wide support, and not just among people looking to own homes.

Fomca secretary-general Datuk Paul Selvaraj said he backed the Budget 2014 proposal of almost doubling the RPGT to 30% as it was essential to curb speculation.

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Budget 2014 , Parliament , Finance Ministry

   

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