bajet 2015

The adjustment of the market prices of houses is expected to be seen in the third or fourth quarter of next year after the implementation of the Goods and Services Tax (GST) in April.

Syarikat Perumahan Negara Bhd (SPNB) president Datuk Dr Kamarul Rashdan Salleh said the adjustment would occur when the cost of building materials [...]

The government’s Budget 2015 announcement today is expected to help more low- and middle-income Malaysians own a roof above their heads amid rising property prices, industry players and observers said.

“The government is going all out to address the issue of house ownership by mobilising its housing agencies such as PR1MA Corp, the National Housing Department [...]

The 2015 budget announced by Prime Minister Datuk Seri Najib Tun Razak on Friday clearly reflected a people-friendly budget, said Deputy Communications and Multimedia Minister, Datuk Jailani Johari.

Jailani said the budget announcement could, to a certain extent, fulfill the aspirations of the people for national prosperity.

“We observe that it covers various aspects such as education, [...]

The government is looking at a new mechanism to maximise the impact of the Bantuan Raykat 1Malaysia (BR1M).

It includes a more evenly spread distribution, such as a monthly handout instead of a lump sum payment to recipients, said Finance Ministry Secretary-General Tan Sri Dr Mohd Irwan Serigar Abdullah.

“This will discourage people from spending the cash [...]

The exemption of 532 items from the Goods and Services Tax (GST), which will be implemented in April next year, showed that the government is concerned about the rakyat’s welfare.

Deputy Minister of Domestic Trade, Cooperatives and Consumerism, Datuk Seri Ahmad Bashah Md Hanipah, said the rakyat did not have to worry about the GST because [...]

The main focus of Budget 2015 is to upgrade the status of the rural community such as farmers, fishermen and livestock breeders.

Agriculture and Agro-Based Industry Minister Datuk Seri Ismail Sabri Yaakob said RM6 billion has been allocated to enhance the food supply chain and help the rural community to raise their income.

“Most of the allocation [...]

INTRODUCING THE SUPPLY BILL (2015) IN THE DEWAN RAKYAT

FRIDAY, 10 OCTOBER 2014

“BUDGET 2015: PEOPLE ECONOMY”

Mr. Speaker Sir,

I beg to move the Bill intituled “An Act to apply a sum from the Consolidated Fund for the service of the year 2015 and to appropriate that sum for the service of that year” be read a second time.

INTRODUCTION

Mr. [...]

There will be no GST (Goods and Service Tax) imposed on RON95 petrol, diesel, and LPG, while individual income tax payers will enjoy lower rates in Budget 2015 as announced by Prime Minister Datuk Seri Najib Tun Razak.

The other highlights of Budget 2015 include: Income tax rates to be cut by one to three percentage points. [...]

2015 Budget Speech will be presented live from the Parliament of Malaysia by YAB Dato ‘Sri Mohd Najib Bin Tun Haji Abdul Razak, Prime Minister and Minister of Finance today, October 10, 2014 starting at 4.00 pm.

The presentation of the Budget 2015 will be broadcast LIVE on the following channels: RTM, TV3, Astro, [...]

The Defence Ministry hopes the 2015 Budget to be unveiled on Friday will, among others, focus on the purchase of high- technology military assets to strengthen security of the country, particularly in the waters of Sabah and Sarawak.

Its deputy minister Datuk Abdul Rahim Bakri said there was also a need to increase the number of [...]

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