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Make GST rate low and set up safety nets to placate people
Goods and Services Tax (GST) is regressive and will hurt the poor more. However, if set low and the items consumed by the low-income group are exempted, the GST should have a minimal impact on a more significant segment of the population. The Vice-Chancellor & Chief Executive of AIMST University, Professor Datuk Dr. John Antony Xavier, has enlisted three strategies for a suitable implementation of GST in an article titled ‘Make GST rate low and set up safety nets to placate people.’ The timely article got featured in the columnist section of NST on 13 June 2022. Click here to read.
