• klseesea
• Aug 28,2008
• In: Banks, Savings and Investments, KL City, Malaysia

Malaysia Budget 2009 wish list

IN today’s Malaysia economic scenario where most individuals feel aggrieved by the rising cost of living, the Budget 2009 proposals are being eagerly awaited with the hope that there will be “goodies” to bring some cheer to us.

Some of the measures introduced might include subsidies, grants, greater allocations of funding/loans, as well as some tax breaks/measures that would enable taxpayers to have greater disposable income.

 

Among the top priority people wish list is to help them meet the increasing cost of living, by easing the tax or tax relief for taxpayers, spouses and children. Followed by tax rebates for insurance and EPF contribution to above RM6000.

Among other wish list are free education up until first degree in local universities, more incentive the public transport and encouragement for more better efficient service.

While smokers and drinkers will not happy to pay more for their "urges" I’ll bet this year will not see any tax relief but a further increase in tax.

 

So what’s your Malaysia Budget 2009 wish list?

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