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Delayed GST hike a relief for businesses, with many already facing higher costs
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The delay of the goods and services (GST) tax hike to next year has given businesses here some breathing space as many are currently grappling with rising costs, business associations said.
The GST will go up from 7 to 9 per cent in two stages, one percentage point each time on Jan 1, 2023, and Jan 1, 2024.
