Senator: This effort is expected to strengthen the government’s revenue collection. theSun theSundaily economy inflation GST Malaysia
: The government should consider a sustainable and comprehensive method of expanding income by reintroducing the goods and services tax at a reasonable rate, said Senator Tan Sri Low Kian Chuan.
“ACCCIM fully supports the reintroduction of GST. We suggest improving the reimbursement system and setting the annual threshold value at a reasonable level. Low also suggested that the proposed Fiscal Responsibility Act include aspects of the control of contingent liabilities borne by the government.
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