SINGAPORE Supermarket chain FairPrice will absorb the upcoming one percentage point increase in GST for some daily essentials for the first half of 2024, in what the company said was an effort to cushion the tax hike's impact on consumers. The scheme will offset the tax hike on 500 essential items, including rice, fresh fruit and vegetables, and toilet.
Singapore News - Supermarket chain FairPrice will absorb the upcoming 1 percentage point increase in GST for some daily essentials for the first half of 2024, in what the company said was an effort to cushion the tax hike’s impact for consumers. The scheme, which will offset the tax hike. Read more at www.tnp.sg
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