Viability of GST in digital economy

Thanneermalai: The GST is a very efficient tax system.

THE anticipation surrounding the tabling of the upcoming budget next month has reignited the debate as to whether the goods and services tax (GST) should be reintroduced.

Prime Minister and Minister of Finance Datuk Seri Anwar Ibrahim had told Parliament during the 12th Malaysia Plan (12MP) mid-term review, that fiscal reforms are needed to ensure that the country’s finances are managed sustainably.