As a Malaysian (tax paying citizens), I want to look and see what those are things that I would expect to directly benefited from it.
Bajet Incentives
|
What I will benefit from it
|
50 percent off passport fees
for senior citizens starting Jan 2013
|
This is good, I can sponsor
my Mom passports at half price. So, I can bring my mom's holiday abroad.
|
Additional 150 staff for
Malaysian Anti-Corruption Commission (MACC)
|
Hmm, let's me think if any
of my family member's suited for this position.
|
RM200 rebate for smart phone
purchase for those aged 21 to 30 years.
|
Maybe I can take
this opportunity to reward my neice/ nephew with new SP. This would
motivate them to perform better in their study.
|
First home scheme – income
cap raised from RM3,000 to RM5,000. Join income limit is RM10,000. Applies
only for houses below RM400,000
|
Aiyah!!.. this one too late
to come. Should enhance for 2nd house for me to entitle it.
|
Real property gains tax
(RPGT) for properties sold within two years of purchase raised to 15%;
2-5 years 10%. No RPGT for properties sold five years after purchase
|
Hopefully it will control
and reduce house price, It really a heartbreaks when RPGT was abolished few
yrs ago where the property prices hike's like hell.
|
Original buyers of abandoned
projects will be exempted from stamp duty for
loan refinancing or ownership transfer agreements
|
Am I one of the victim of
'abandoned projects'. ?? Need to get a further info on this. It can saved me
up to 6k for stamp duty if this can be applied to me.
|
Bantuan Rakyat 1Malaysia
(BR1M 2.0)
RM500 cash for households with
combined income of RM3,000 or less
RM250 cash for unmarried
individuals who are 21 and above and earning RM2,000 and below
|
"BR1M 2.0" what a
nice tag and I'm sure my family, relatives, village-mate etc would like it. I
can see my HP will be busy again next year when they want
me to check their status.
My mom, grandma, sis and bro sure
can get this and my niece/ nephew too..
|
Sugar prices to increase as
a result of subsidy cuts by RM0.20. New prices are RM2.50 per kilo for
Peninsular Malaysia and RM2.60 per kilo for Sabah and
|
OMG!!. As usual one thing
can lead to another. Increase in 20cents of sugar, all the things related to
sugar will increase. The 'greedy' tokey will use this as
an excuse to increase price. You name it, teh tarik / bread/ cake / sweets?
F&B.. Aiyah.. maybe the bright side is my chance to get diabetics is
lower.
|
1% tax reduction for those
with a taxable income of RM2,500 to RM50,000
|
Let see whether this year I
still fall under this group. Last year I'm at this tax bracket. This year I
don't think so.
|
One-off payment of RM100 for
each primary and secondary school student
|
Surely my 'orang kampung'
will delighted about this. Hopefully they use it wisely..
|
20% discount for National Higher Education Fund
(PTPTN) loans for those who pay off the entire amount outstanding
(valid until Sept 30, 2013)
|
As my study not financed by
PTPTN, I cannot enjoyed this. But, definitely my wife should benefited from
this. So dear wifey, lets plan our finance.
|
10% discount for
PTPTN loan repayment for those who pay consistently
|
|
One and a half month bonus,
disbursed in three months.
|
Congrats to my
family/relatives/fren who enjoyed it. Use the money wisely ok. Hopefully our
HQ will fight for more this year.
|
RM25,000 for free mammogram
examination for women, aged 40 and above.
|
My mom's :)
|
Bajet Impact on market.
|
Share market will increase.
Hopefully my penny stocks will go up next week. Just now from TV show, the
experts hinted that telco's & consumer related products will increase.
Stay away from property developer he say. hehe
|
And the rest, I will benefited from it direct or indirectly later. So, let's see what it will effect the coming for GE.
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