Tax book: (from left) Tax Advisory and Management Services Sdn Bhd executive director Yong Poh Chye, Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah, Bernama GM Datuk Yong Soo Heong and chairman Datuk Abdul Rahman Sulaiman after the launch of the National GST Conference 2014.
KUALA LUMPUR: The additional revenue brought in by the goods and services tax (GST) will further reduce the Treasury’s dependence on direct taxes, said Datuk Seri Ahmad Husni Hanadzlah.
The Second Finance Minister said that with less direct tax burden on the people and businesses, there would be greater investment and even consumption within the domestic economy.
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