GST Foots Budget 2016 Bill
P. Gunasegaram, KINIBIZ
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Government revenue for 2016 increased by RM3 billion to RM225 billion, despite the fall in oil revenue. This was thanks to GST implementation and the removal of subsidies, which have weighed on households and consumers. P. Gunasegaram, Joint CEO and Founding Editor for KINIBIZ explores if the government did enough to tightened its own belt in Budget 2016.
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Tags: pressing matters, GST, subsidies, Budget 2016