Luxury tax good move but won't replace GST - CAP

The luxury goods tax was a positive step taken by the government, but it is not an alternative to the Goods and Services Tax (GST), said the Consumers' Association Penang (CAP).

Weighing in on Budget 2023, the association said that while specific measures will provide short-term relief, more significant action is needed to address the rising cost of living.

“We think it’s a...