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Budget 2015 highlights malaysia


budget 2015 highlights malaysia

The government will develop the 108,000 hectare Malaysian Vision Valley, which will sprawl from Nilai to Port Dickson with an investment of RM5billion in 2016.
Khazanah to invest RM6.7 billion in 9 domestic projects in health, education, tourism, software and communication infrastructure.
The toll-free Pan Borneo Highway is to be completed by 2021, and is estimated to cost RM16.6b.
Fiscal deficit expected game of thrones 1x02 to decline from.7.2 in 2015.Our Standards: The Thomson Reuters Trust Principles).The government will build 175,000 units of PR1MA homes, sold 20 per cent below market price with RM1.6 billion allocation.RM100 school aid for households with income below RM3k to continue, benefiting.5 million students. Number of GST-registered companies approaches 400,000 with submission compliance at more than.Tax relief for each child below 18 years old increased to RM2,000 from RM1,000 from assessment year 2016.
RM17.3 billion allocated to Defence Ministry, armed forces will be equipped with latest technology.
PM says the Economy expected to grow between.5-5.5 this year compared.1 global projection.
Bumiputera empowerment a national agenda, and will encompass the development of the Bumiputera communities in Sabah Sarawak as well.
Property - Budget extends 50 percent stamp duty exemption for first time home buyers and increases the purchase limit from 400,000 ringgit to 500,000 ringgit.
The budget is expected to have something for everyone the middle-class, the bottom 40 per cent of household incomes and the rural folk.Unemployment down.9,.8 million jobs created.For the first time, tax relief for children who care for parents, total tax relief of RM1,500 for the mother, RM1,500 for the father.For single individuals aged above 21 romantic instrumental ringtones 2013 years old earning less than RM2000 a month, assistance has been raised from RM350 to RM400.Income tax for those earning between RM600k-RM1 million to be raised from 25.PwC, malaysia, the 2015 Budget was tabled by our Prime Minister and Finance Minister Dato' Sri Najib Tun Razak in Parliament on The last Budget under the 10th Malaysia Plan, it addresses key issues to promote fiscal sustainability and ease the transition to GST for.A total of 22,300 condominium units and 9,800 terrace houses will be built under the PPR programme with an RM863 million allocation.RM900 million proposed for Jalan Tun Razak traffic dispersal project to reduce Kuala Lumpur congestion.


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