Singh rules out lower VAT

-says cut would benefit the rich, not the poor

Minister of Finance Dr. Ashni Singh has signalled that government has no intention of reducing the 16% VAT, saying such a move would benefit the wealthy and not the poor.

Further, Singh urged the opposition to behave responsibly and not wield what he dubbed ‘scissors of tyranny’ on the allocations in the budget.

He said this during his rebuttal of the arguments made by the  …..To continue reading, login or subscribe now.

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