Abolishing GST will lead to dire consequences | The Star

KUALA LUMPUR: The opposition’s goal to abolish the Goods and Services Tax (GST) will cause the government to lose a huge income stream.

According to a statement by the Centre for Research Advisory and Technology’s chief executive officer, Ng Yeen Seen, since Petronas is not as formidable as it was in the 1980s, 1990s, and the first decade of the 2000s, the government will have to find alternative income sources.

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