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    HomeNewsHeadlinesParliament to discuss govt move to collect shadow economy taxes

    Parliament to discuss govt move to collect shadow economy taxes

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    The government’s plan to collect taxes from the informal economy, which is estimated to make up around 30% of the Gross Domestic Product (GDP), will be brought up in the Dewan Rakyat on Monday (Nov 20).

    According to the Order Paper on the Parliament website, the issue will be raised by Datuk Ahmad Amzad Mohamed @ Hashim (PN-Kuala Terengganu) to the Minister of Finance during the question and answer session.

    There will also be a question to the Finance Minister by Jimmy Puah Wee Tse (PH-Tebrau) regarding the amount that has been invested by GLC and GLIC companies in Malaysia and abroad.

    Puah also wanted to know whether this investment is in line with the government’s aspirations to strengthen the Malaysian equity market.

    Meanwhile, Datuk Seri Dr Noraini Ahmad (BN-Parit Sulong) will ask the Health Minister to state the operational status, key targets and the latest achievements of the National Centre of Excellence for Mental Health since its launch in October last year.

    After the question and answer session, the Dewan Rakyat will continue with the debate on the Supply Bill 2024 (Budget 2024) at the committee level for the relevant ministries.

    The Dewan Rakyat sitting is for 32 days; from Oct 9 to Nov 30. – Bernama

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