The GST increase will still be needed by 2025 and the government will assess carefully the appropriate time for the increase, says Deputy PM and Finance Minister Heng Swee Keat.
BT PHOTO: YEN MENG JIIN
Singapore
THE government's decision to delay the increase in the Goods and Services Tax (GST) to some time between 2022 and 2025 was welcomed yesterday, coming amid the current gloomy environment.
On Tuesday, Deputy Prime Minister and Finance Minister Heng Swee Keat said the...
Register to read this article. Log in if you are already a subscriber.Register to read this article. Log in if you are already a subscriber.Please log in or subscribe to continue reading.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes