Malaysia Budget 2013

Budget 2013: RM200 rebate for Youngsters to purchase smartphone

Malaysian youngsters or youths who are aged 21 to 30 years with a monthly income of RM3,000 and below or without any income will entitle a one-off rebate of RM200 for the purchase of one 3G smartphone from an authorised dealer through the Youth Communication Package.

This will encourage more youths to be able to access the information highway.

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BUDGET MALAYSIA 2013 : FULL SPEECH

By  YAB DATO’ SRI MOHD NAJIB TUN HAJI ABDUL RAZAK, PRIME MINISTER AND MINISTER OF FINANCE

INTRODUCING THE SUPPLY BILL (2013)

IN THE DEWAN RAKYAT
FRIDAY, 28 SEPTEMBER 2012

“PROSPERING THE NATION, ENHANCING WELL-BEING OF THE RAKYAT:  A PROMISE FULFILLED”

Mr. Speaker Sir,

I beg to move the Bill intitled “An Act to apply a sum from the Consolidated Fund for the service of the year 2013 and to appropriate that sum for the service of that year” be read a second time.

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Budget 2013: Final Preparation By Prime Minister

Budget 2013Prime Minister Datuk Seri Najib Tun Razak spent about an hour tonight (Thursday) to survey final preparations for the 2013 Budget at the Finance Ministry, here.

His arrival, accompanied by wife Datin Seri Rosmah Mansor, was received by staff and officers of the ministry who were involved in preparing the budget.  Read More

Budget 2013: LIAM Proposed Separate Tax Relief On Insurance Premiums

Tax Relief on InsuranceThe Life Insurance Association of Malaysia (LIAM) has proposed the government give a separate tax relief of RM6,000 on insurance premiums alone in Budget 2013.

In a statement today, LIAM said currently, a yearly tax relief of RM6,000 was given on the aggregate of insurance premiums and Employees Provident Fund (EPF) contributions. Read More

Budget 2013: Live Chat With PM Najib!

Budget 2013: NajibNetizens will have an opportunity to ask the Prime Minister Datuk Seri Najib Tun Razak about the country’s spending plans for next year during a #TanyaNajib online Q&A session on Oct 3.

Datuk Seri Najib Tun Razak, in a posting on his blog (1malaysia.com.my), invited Malaysians as well as foreigners in the country to submit questions to him on measures in Budget 2013 which he will table on Sept 28.  Read More

Budget 2013: Personal Reliefs Revision?

Budget 2013 Malaysia: Happy FamilyIt’s budget time again and on Friday (28 September 2012), many Malaysians will anxiously wait to see what proposals will be announced that will impact their daily lives.

Tax rate reductions? Goods and services tax? These are some of the obvious issues that are constantly in our minds and require no further elaboration.  Read More

Budget 2013: More Funds Needed, Says Airasia

Budget 2013 MalaysiaIn line with the government’s aim of transforming Malaysia into a tourism hub in the Asean region, budget carrier AirAsia Bhd feels that the government should allocate more funds to the Department of Civil Aviation Malaysia (DCA Malaysia) in the upcoming Budget 2013.

Chief executive officer of AirAsia, Aireen Omar, said more funds for DCA Malaysia would boost the department’s capabilities in handling Malaysia’s growing air traffic.  Read More

Budget 2013: Real Property Gains Tax (RPGT) To Increase?

Budget 2013 RPGTKenanga Research says market talk is that the Government will consider hikes in Real Property Gains Tax (RPGT) and increase stamp duty for house purchases.

The coming Budget 2013 is expected to address two interesting issues – how to curb the speculative property market and how to address the issue of affordable housing.
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Budget 2013: Good News For New Home Buyers?

Budget 2013 MalaysiaHousing and Local Government Minister Datuk Seri Chor Chee Heung said Datuk Seri Najib Razak was equally concerned about providing affordable homes for the people in the country.

Affordable homes are units priced between RM120,000 to RM300,000.   Read More

Budget 2013: More Initiatives To Spur Digital Services

Budget 2013 MalaysiaThe government needs to take more initiatives in Budget 2013 to spur digital services, said Celcom Axiata Bhd CEO Datuk Seri Shazalli Ramly.

Shazalli said they could be in the form of tax incentives, rebates or any other areas to allow consumers to aggressively participate in the digital era and enhance the possibility of a wider use of digital services across all sectors.  Read More

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