Malaysia Budget 2014
Budget Malaysia 2014 will be tabled by Prime Minister Datuk Seri Najib Razak in Parliament on 25 October 2013 from 3:00pm to 6:00pm
Details and Scope of Goods & Services Tax
The much sought after details and scope of the Goods and Services Tax (GST) have been released by the Custom Department. GST will be implemented from 1 April 2015.
The current sales tax and service...
Budget 2014: BR1M RM650 for Households and RM300 for Singles
The government will distribute higher Bantuan Rakyat 1Malaysia (BR1M) to households (RM650) and single individuals (RM300).
BR1M of RM450 will now be given to those households earning monthly income between RM3,000 and RM4,000.
In addition to...
Budget 2014: 1,000 Dialysis Machines To Be Given Away Free
Under Budget 2014 Malaysia, 1,000 dialysis machines to be given away free by the Government to patients with end stage kidney failure and these new machines will allow dialysis patients to conduct the dialysis at...
Budget Malaysia 2014: Highlights, Tax Summary and Proposals
Budget 2014: Strengthening Economic Resilience, Accelerating Transformation And Fulfilling Promises
Budget 2014 Malaysia was tabled by Prime Minister Datuk Seri Najib Razak in Parliament on 25 October 2013 from 4:00pm to 6:00pm.
The spotlight of this...
Budget 2014: The introduction of Goods and Services Tax (GST)
It was announced by the government in Budget 2014 that Goods and Services Tax (GST) will be implemented effective from 1 April 2015 and GST rate will be fixed at 6 (%) per cent.
Sales tax and service tax...
Budget 2014: Pay less tax in Goods and Services Tax (GST)?
It was announced by our Prime Minister that 300,000 individuals who are earning a monthly income of RM4,000 will no longer need to pay any income tax in 2015, following the implementation of GST in...
BR1M: Open to those earn less than RM5,000
The government is considering providing aid to Malaysian households earning between RM4,000 and RM5,000 a month to cushion the impact of rising cost of living and the move to rationalise fuel subsidy.
Finance Minister II...
Budget 2014: Impact on property market?
All eyes are on next Friday’s Budget 2014 announcement, which many predict will have a big impact on the property industry
Affordable housing remains a thorny issue but the chorus of calls for more transparent...
BR1M: Government to pay twice a year?
The government plans to implement distribution of the 1Malaysia People's Aid (BR1M) twice yearly in 2014, says Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.
He said apart from this, the method of distribution may...
Budget 2014: No more subsidy for sugar
The government will abolish the sugar subsidy of RM0.34 with effect from 26 October 2013 (Saturday).
The cost of sugar costs will be increased from RM2.50 to RM2.84 per kg .
All Malaysian are urged to reduce...