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GST hike mooted amid record surplus

Sharanya Pillai
Sharanya Pillai • 9 min read
GST hike mooted amid record surplus
SINGAPORE (Feb 26): In the end, speculation about a hike in the Goods and Services Tax (GST) turned out to be true — well, sort of. In his Budget speech on Feb 19, Finance Minister Heng Swee Keat said the government would increase the rate of GST from 7
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