GST EVENT CALENDAR

GST MALAYSIA CALCULATOR

Nuffnang Add

Friday, November 1, 2013

Timely move, says Fomca


Posted on 25 October 2013 - 08:36pm
Last updated on 25 October 2013 - 09:40pm
Soo Wern Jun

PETALING JAYA (Oct 25, 2013): The public was urged to look positively at the implementation of the goods and services tax (GST).

President of the Federation of Malaysian Consumers Association (Fomca) Datuk Marimuthu Nadason, who agrees with its introduction, said that the tax would have come sooner or later and now will be the right time to join the 160 countries that have been applying the GST.

"With the assurance given by Prime Minister Datuk Seri Najib Abdul Razak, the low to middle-income groups should no longer have to worry about being affected by GST," he said.

Pointing out that exemption is given to staple items, piped water supply up to a certain volume, and the first 200 units of electricity a month for domestic consumers is one of the positive promises offered by the government to balance out the GST implementation.

"We should be learning from all the other countries and have a five-year plan on better strategies to help other sectors such as infrastructure, education and health."

No comments:

Post a Comment