Posted by Income > 2024-03-17 12:40 | Report Abuse

AmInvestment Bank Bhd, in a note today, explained that consumer spending on discretionary items would be cautious as the government will introduce several taxes in 2024, such as a 10 per cent sales tax on low-value imported goods sold online starting April 1, a 5.0 to 10 per cent tax rate hike on certain high-value goods (HVGT), and a 2.0 per cent increase in the service tax rate from 6.0 per cent to 8.0 per cent effective March 1.

Belt dah mau putus oredi…