29 August 2008

Malaysian Budget 2009

Our PM have started to announce all the goodies in store for Malaysian, for the Budget 2009. I am watching the Live Telecast, and there seem to be alot of them. . . . this is what i think i heard, to be confirm by the main stream media. . . . 1. Additional Relief on Income tax for those with chargeable income of RM35K and below increase to RM400 from RM350 . . . 2. No Income Tax on Savings . . . 3. diesel road tax same as petrol . . . 4. Company Tax waive for Certain Staff Allowance especially transport . . . 5. better public transport , road tax for public transport at RM20, extend LRT's for KL only . . . . 6. Various incentive for making House Buying more affordable . . . 7. Reduction in Tax for certain food stuffs, like meehoon. . . . 8. Cigarettes tax increase by 3 cents or 60 cents per pack of 20's . . . . 9. Electrical Bill of Below RM20 waive . . . hopefully we will have cheaper food stuffs, for all, we will have to see what items tax have been reduce, and if there will be cheaper transportation for goods.

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