We provided a two-part question-and-answer series on various aspects of Budget 2013.
- Fit for purpose
While Budget 2013 has introduced measures which are innovative, some bolder moves are expected in the coming months as we deal with a rapidly changing landscape, says PwC Malaysia tax leader and senior executive director Jagdev Singh.
- Reforms for the long term
Focus on this year's budget should be on: creating sustainable growth (including tackling deficit), making sure the incentives given out have a multiplier effect and addressing the talent gap, says PwC Malaysia tax leader and senior executive director Jagdev Singh.
- PwC: Decide quickly on goods and services tax
The government should not delay the GST implementation date as businesses need to strategise and prepare for this new tax regime amidst the uncertain world economy, says PwC Malaysia senior executive director Steve Chia.
- Budget 2012 a delicate balancing act
Jagdev Singh, senior executive director and tax leader at PwC Taxation Services Malaysia, expects the upcoming budget to focus on three broad areas - ensuring sustainable growth, developing human capital and reducing the deficit.