KPMG: Employees' salary must rise 6% with GST implementation


KUALA LUMPUR: KPMG Malaysia is urging both the public and private sectors to gradually increase the salaries of their employees following the imposition of the goods and services tax (GST) next April.

Newly-appointed Managing Partner Johan Idris suggested a 6% increase in employees salaries per annum to help tide over the high cost of living in Malaysia. 

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

KPMG , GST , salaries , employers , employees

   

Next In Business News

MAHB raises RM1.6bil in oversubscribed sukuk wakalah
MNRB appoints Rudy as interim president & CEO
PICorp secures RM14.74mil contract from Air Selangor
Hong Kong-listed Unity Group plans secondary listing on Bursa Malaysia
FBM KLCI rebounds after three days of losses
Bitcoin at record highs, sets sights on US$100,000
Oil heads for weekly gains on anxiety over intensifying Ukraine war
Dollar climbs to 13-month peak, bitcoin eyes US$100,000
Bank Negara international reserves up at US$118bil
Affinity in talks to buy Penang-based Golden Fresh

Others Also Read