NEWS LIST

Resident individuals' income tax rate reduced by 1 percentage point

KUALA LUMPUR, Nov 6 -- The government has announced a one-percentage point reduction in income tax for resident individuals for the chargeable income band of RM50,001 to RM70,000, which is expected to benefit 1.4 million taxpayers.


Budget 2021: Job search allowance extended by three months next year

KUALA LUMPUR, Nov 6 -- The Job Search Allowance (JSA) under the Employment Insurance System (SIP) will be extended by three months for next year, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.


Budget 2021: RM7.4 billion set aside to expand broandband services

KUALA LUMPUR, Nov 6 -- The Malaysian Communications and Multimedia Commission (MCMC) will allocate a total of RM7.4 billion to build and upgrade broadband services for 2021 and 2022, said Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz.


Budget 2021 : Milk to be provided daily for school children under RMT programme

KUALA LUMPUR,  Nov 6 --Under the Supplementary Food Programme (RMT) milk will be provided every school day, instead of twice weekly as practiced currently, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.


2021 Budget: Reward for misconduct info providers

KUALA LUMPUR, Nov 6 -- The government will reward individuals or parties who provide information on any misconduct or violation of the law.


A budget to fight COVID-19, ensure welfare of people, country

By Jamaluddin Muhammad

KUALA LUMPUR, Nov 6 -- In facing the unprecedented COVID-19 pandemic and economic crisis, the government today tabled Budget 2021 with the largest allocation in the nation's history to preserve the welfare of the people and country.


RM322.5 billion allocated for Budget 2021

KUALA LUMPUR, Nov 6 -- A total of RM322.5 billion will be allocated for Budget 2021, the largest expenditure in history, according to Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.


Budget 2021: RM600 special payment for civil servants

KUALA LUMPUR, Nov 6 --The government has announced a one-off RM600 special financial assistance for civil servants Grade 56 and below.


Budget 2021: Higher welfare aid for OKU, senior citizens, poor children

KUALA LUMPUR, Nov 6 -- More than 400,000 recipients are set to benefit from the increased monthly welfare assistance for people in the vulnerable group following an additional allotment of RM700 million, taking the total allocation to RM2.2 billion.


Housing: Stamp duty exemption, RM1 bil for rent-to-own scheme

KUALA LUMPUR, Nov 6 – The government will be implementing several initiatives to help increase home ownership and provide comfortable and quality housing.




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ECONOMIC REPORT

Budget 2021: MoT to provide incentives to lighten people’s burden - Wee 

KUALA LUMPUR, Nov 19 -- The Ministry of Transport which receives RM6.05 billion allocation under Budget 2021, will be providing various incentives to benefit the people.


2021 Budget : MAFI, private sector must co-operate to optimise Budget 2021

KUALA LUMPUR, Nov 16  -- The Ministry of Agriculture and Food Industries (MAFI) and the private sector must escalate co-operation to optimise the allocation in the 2021 Budget to MAFI so that ...

Budget 2021 described as inclusive for all in tourism sector

KUALA LUMPUR, Nov 9 -- The inclusive Budget 2021 touching on the involvement of various parties contributing to the economic chain related to the tourism sector is seen capable of revital...



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