MIA's Proposals For Broadening Of The Tax Base And E-Invoicing Reflected In Budget 2025 Measures

KUALA LUMPUR, Oct 21 (Bernama) -- As the regulator and developer of the profession the Malaysian Institute of Accountants (MIA) is delighted that certain of its proposals are addressed within the measures in Budget 2025, reflecting its relevance as the voice of the profession.

MIA is a strong advocate of fiscal responsibility which is a key focus of the budget. “The Institute applauds the continuity of fiscal reform initiatives to further strengthen the Government's fiscal position towards meeting the fiscal deficit target of 3% and a debt-to-GDP ratio of 60% in the medium term, as stipulated under the Public Finance and Fiscal Responsibility Act 2023,” said President of the MIA, Dato’ Seri Dr Mohamad Zabidi Ahmad.