The Associated Chinese Chambers of Commerce and Industry of Malaysia (Acccim) will support the implementation of the goods and services tax (GST) provided the income tax is simultaneously reduced.
Such a move is important to ensure a fair policy that will balance the people's burdens, Acccim president Lim Kok Cheong (right) told a press conference today.
It is possible for the government, Lim added, to announce the implementation of the GST when the Budget 2014 is tabled in Parliament on Oct 25.
With this, Lim urged the government to confirm the exact implementation date so that all quarters would be ready for it.
He added that Acccim wanted the GST tax rate not to exceed four percent.
Meanwhile, Acccim secretary-general Low Kian Chuan, who was also at the press conference, said the foreign workers in Malaysia were enjoying more benefits than the local people.
In a circular issued by the Human Resource Ministry in July, Low said, foreign workers were no longer entitled to go through a work probation period.
This, he said, has raised dissatisfaction among the local workers, who had to go through the probation period before being confirmed as employees of a company.
Such a move is important to ensure a fair policy that will balance the people's burdens, Acccim president Lim Kok Cheong (right) told a press conference today.It is possible for the government, Lim added, to announce the implementation of the GST when the Budget 2014 is tabled in Parliament on Oct 25.
With this, Lim urged the government to confirm the exact implementation date so that all quarters would be ready for it.
He added that Acccim wanted the GST tax rate not to exceed four percent.
Meanwhile, Acccim secretary-general Low Kian Chuan, who was also at the press conference, said the foreign workers in Malaysia were enjoying more benefits than the local people.
In a circular issued by the Human Resource Ministry in July, Low said, foreign workers were no longer entitled to go through a work probation period.
This, he said, has raised dissatisfaction among the local workers, who had to go through the probation period before being confirmed as employees of a company.
[More to follow]
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