MOF mulls tabling fiscal responsibility bill at next session - Zafrul

The Finance Ministry is looking to table the Fiscal Responsibility Bill at the next Parliament session, scheduled to begin on July 18.

Finance Minister Tengku Zafrul Abdul Aziz (above) said the bill includes efforts to broaden the country’s tax base, including taxing the shadow economy, as well as improving tax compliance and administration towards helping boost tax collection.

“This is crucial to replenish the nation's coffers to support our developmental and longer-term reform agenda,” he said in his keynote address at the virtual...