AS announced in the Pre-Budget Statement (PBS), our revenue for the first half of the year (H1) was lower than what was estimated in Budget 2021 – although up by 4.6% compared to the same period in 2020.
This has led to the reiteration of calls for reintroducing the now-defunct Goods and Services Tax (GST) as made in The Edge Market article, “Expected shortfall in govt revenue calls for tax system reforms, raising statutory debt limit” (Sept 3, 2021).
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
