Information on the Committee Against Profiteering

March 18, 2022

Minister for Finance Lawrence Wong announced in his Budget speech on 18 Feb 2022, the the Government will stand up a Committee Against Profiteering (CAP) to address concerns that businesses could use the Goods and Services Tax (GST) as a cover to raise prices.

Details on CAP will be made available on the official website at www.cap.gov.sg from 1 April 2022.