SDP calls on Govt not to increase GST to 9% because of COVID-19 outbreak

Beatrice Del Rosario
Thu, 13 Feb 2020 01:30:07 +0000
Business, Featured News, SG Economy, Singapore News, Singapore Politics, finance, Goods and Services Tax, gst, Heng Swee Keat, Ministry of Finance, PAP, People's Action Party, SDP, Singapore Democratic Party, taxes

The Singapore Democratic Party, in a statement on its website on Wednesday (Feb 12), has called on the Government not to increase the Goods and Services Tax (GST). The GST, which was introduced in 1994, has risen through the years. Beginning at 3 per cent, the tax was raised to 4 per cent in 2003 …