Budget 2023 last month highlighted the need for the government to strengthen its fiscal standing by improving tax collection revenue. However, the issue is how do you expand the tax base? There are suggestions for a luxury goods tax, as well as a capital gains tax. Dr Veerinderjeet Singh, Chairman of Tricor Malaysia breaks down the arguments for us and shares what he thinks about the much-debated GST.

Image credit: Shutterstock

Produced by: Shazana Mokhtar

Presented by: Shazana Mokhtar, Keith Kam

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Categories:  government,  economy

Tags:  gst,  capital gains tax,  tax reform,