Digital service tax will streamline revenue collection from e-market

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Globalisation is driven by the growth of international trade and the advancement of modern information communication technology, which is leading to transformation from the conventional brick and mortar business model to online transactions.

Although the Covid-19 pandemic has accelerated the paradigm shift, digitisation of global commerce was already picking momentum. It will only get bigger and more vibrant.

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Note: The results are not exact but very close to the actual.