DPM Heng Swee Keat: Planned increase in GST needs to be done by 2025

The Independent
Sun, 07 Jun 2020 23:10:39 +0000
Business, SG Economy, Singapore News, Singapore Politics, DPM Heng Swee Keat, Fortitude Budget, Goods and Services Tax, GST hike

Singapore — The planned increase in the Goods and Services Tax (GST) is set to happen by 2025, as it cannot be put off indefinitely, said Deputy Prime Minister and Finance Minister Heng Swee Keat in Parliament on Friday (June 5). Mr Heng highlighted the GST issue during the Fortitude Budget debate, stating the need …