Provide guarantee SST hike won't raise prices, Opposition MP urges govt

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Provide guarantee SST hike won't raise prices, Opposition MP urges govt
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KUALA LUMPUR: An Opposition MP wants to know if there is any guarantee that the increase in sales and service tax from 6% to 8% will not result in a corresponding increase in prices of necessities.

On Oct 13, Prime Minister Datuk Seri Anwar Ibrahim announced that a number of tax reforms would be implemented next year to expand the country's revenue base. On Tuesday , Datuk Seri Ismail Sabri Yaakob said that it would be more efficient, transparent and fair to reintroduce the goods and services tax instead.

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