budget 2015

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 [...]




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.


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 [...]

Perks to boost the tourism industry which is a crucial component of the services sector, greater investments in education and definitive measures to ensure affordable housing, are among proposals in the wishlist for Budget 2015.

Malaysian aviation tycoon and AirAsia founder Tan Sri Tony Fernandes has called on the government to look for innovative ways to [...]

An increase in Disabled Workers’ Allowance (EPC) and general aid for the disabled are among the benefits that the group hoped for in the 2015 Budget, scheduled to be tabled on Oct 10.

Association of Women with Disabilities Malaysia president Senator Bathmavathi Krishnan said it was necessary following the increase in the cost of living expenses.

“Currently, [...]

The Malaysia External Trade Development Corporation (Matrade) hopes the government will provide allocation in Budget 2015 to reduce the burden of Small and Medium Enterprises (SMEs) in the oil and gas (O&G) industry to enable them to participate in trade exhibition overseas.

Director, Trade and Services Promotion Division, Oil and Gas Chemical Section, Abu Bakar Koyakutty [...]

The construction industry hopes the government will lower import tax on machinery in Budget 2015 to boost productivity among businesses.

Construction Industry Development Board (CIDB) chief executive, Datuk Seri Dr Judin Abdul Karim, said the use of machineries would cut down dependence on manual labour.

“CIDB is working with the Ministry of International Trade and Industry on [...]

Prime Minister Datuk Seri Najib Tun Razak said today he is happy with the quality and range of ideas offered by the people through the #Bajet2015 micro website up to the last day of participation today.

Najib, who is also the finance minister, said Malaysians, regardless of age, had demonstrated that they could cooperate with the [...]

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