Thursday, November 15, 2018

BUDGET 2019

budget-2019-mypf

The allocation of the budget: 
- High bonus payment: Will be updated
- Budget Bonus 2019 civil servants: RM500
- PTPTN loan: pay ptptn pay cuts between 2 to 15 percent
- Affordable Housing Scheme
- Housewife's EPF Scheme
- Announcement of civil servant salary increase scheme
- Income tax relief: SSPN Savings Deposits increased from RM6 thousand to RM8 thousand
- Providing subsistence budget assistance: Additional payment of RM120 per child
- Announcement of FELDA settlers' debt
- Announcement of fuel subsidy for small CC motors: 30 cents is cheap for 40 liters
- Petrol subsidy announcement for small CC car: 30 cents is cheap for 100 liters
- Announcement of healthy caring scheme Malaysia: Will be updated
- Minimum wage check announcement in Malaysia: RM1100
- RAPIDKL card help: Only RM100 per month and RM50 per month
- First home assistance: Interest rate is only 3.5 percent for a house below RM150 thousand
- Exiting country is charged: CLICK HERE
- Pay a high sugar tax on minimum sugar: CLICK HERE
- RPGT Malaysia: 5 percent tax even after 5 years except for house prices below RM200 thousand
- Free Health Insurance for 4 critical illnesses

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