At a news conference on Tuesday (Jun 21) announcing a S$1.5 billion support package for Singaporeans amid rising prices, DPM Lawrence Wong was asked if the government will consider delaying the planned GST hike. He said the GST increase was pushed back to as late as possible and that there will be a "very generous offset package" in place. "Essentially for the majority of Singaporean households, they will not feel the impact of the GST increase for at least five years. For the lower-income groups, they will not feel the impact for 10 years," he said.

READ: https://cna.asia/3QCSObK

Subscribe to our channel here: https://cna.asia/youtubesub

Subscribe to our news service on Telegram: https://cna.asia/telegram

Follow us:
CNA: https://cna.asia
CNA Lifestyle: http://www.cnalifestyle.com
Facebook: https://www.facebook.com/channelnewsasia
Instagram: https://www.instagram.com/channelnewsasia
Twitter: https://www.twitter.com/channelnewsasia


Comments
  • No comment posted so far for this feed.
    Be the first one to post.
Please login to post comment!