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 Message Posté le: Sam 3 Sep - 14:31 (2016)    Sujet du message: Malaysia Budget 2015 Summary Pdf Download
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Expenditures by object[edit]. The Bill was tabled for the first reading after question time today by Deputy Finance Minister Chua Tee Yong. Revenue estimates for 2016 Budget, excluding 2016 tax measures Companies income tax (30.9%) Interests and proceeds from investments (13.3%) Individual income tax (11.3%) Petroleum income tax (10.9%) Goods and services tax (9.2%) Excise duties (5.8%) Licenses, registration fees and permits (5.6%) Stamp duty (3.1%) Sales tax (1.2%) . This will benefit 70 per cent of households The retail sale of RON95 petrol, diesel and LPG be given relief from the payment of GST The prices of 532 items, or 56 per cent in the basket of goods of CPI, are expected to reduce up to 4.1 per cent following the implementation of GST About 354 goods and services may see some price increases but less than 5.8 per cent following the implementation of GST Government will disseminate shoppers guide to enable consumers compare prices before and after the implementation of GST 300,000 individual taxpayers will no longer pay income tax in 2015 following the implementation of GST For 2015, tax payers with family and income of RM4,000 per month will not have to pay tax Individual income tax would be restructured in 2015 whereby the chargeable income subject to maximum rate would be increased from exceeding RM100,000 to exceeding RM400,000 Cooperative income tax rate would be reduced by one to two percentage points next year In 2016, corporate income tax rate would be reduced by one percentage point to 24 per cent and income tax rate for SMEs would be reduced by one percentage point to 19 per cent. Retrieved 22 October 2015. Expenditures by budget function[edit]. Supplementary supply bill[edit]. Businesses to receive training grant of RM100million for their employees to attend GST courses Small and medium enterprises to get RM150million financial assistance to purchase software. He revised this in January following a sharp drop in global crude oil price and the devastating flood that ravaged the east coast states in the country.

^ "Dewan Rakyat Approves Supplementary Supply Bill". The Federal Territories Ministry and the Home Ministry will respectively get RM34million and RM26million. Official sources. (In million MYR). Official sources. ^ "" (PDF). 2015 Budget Prime Minister's Office of Malaysia Laporan Ekonomi 2014/2015 . These tables are in million MYR. The 2015 Budget completes the 10th Malaysia Plan The 11th Malaysia Plan will be launched in May 2015 A new approach, known as the Malaysian National Development Strategy, is being formulated Budget 2016 will be the trigger to the final five years of Malaysias progress to a high-income advanced economy by 2020 Since 2009, a total of 196 projects from 12 NKEAs and 6 SRIs have been implemented Total investment reached RM219billion and more than 437,000 high-paying job opportunities created Malaysia registered GDP growth of 6.3 per cent, the highest among Asean countries in the first half of 2014 The FBM KLCI has risen 114 per cent from 884.45 points in January 2009 to 1,892.65 points in July 2014 Market capitalisation rose 162 per cent from RM667.87billion to RM1,749.49billion on 7 October 2014 The GNI per capita increased 50 per cent from US$6,700 to US$10,060 in the last five years This year Malaysia will achieve strong economic growth of between 5.5 per cent and 6.0 per cent Fiscal deficit expected to reduce further to 3.5 per cent of GDP in 2014, 3.9 per cent in 2013, 6.7 per cent in 2009 For 2015, economic growth expected to remain strong between 5.0 per cent and 6.0 per cent Fiscal deficit projected to further decline to 3 per cent of GDP The FBM KLCI reached 1,892.65 points in July 2014, a historic new high FDI totalling RM38.7billion in 2013 was the highest realised investment to date The 2015 Budget allocates a total of RM273.9billion, an increase of RM9.8billion compared with 2014 initial allocation Operating expenditure RM223.4billion, development expenditure RM50.5billion In 2015, the revenue collection of the federal government is estimated at RM235.2billion, an increase of RM10.2billion from 2014 Revenue from GST in 2015 estimated at RM23.2billion Government to exempt several goods from GST amounting to RM3.8billion Abolishment of SST will see RM13.8billion in revenue forgone The government will have a balance revenue of RM5.6billion after deducting RM3.8billion for GST exemption and RM13.8billion from abolishment of SST Of the total, RM4.9billion will be channelled back to the rakyat through assistance programmes such as BR1M Finally, net revenue collection from GST will only amount to RM690million 2015 Budget is formulated with focus on the peoples economy and outlines seven main strategies Government to implement Services Sector Blueprint Government to introduce Services Sector Guarantee Scheme for SMEs amounting to RM5billion Research Incentive Scheme for Enterprises with an allocation of RM10million to be established The Service Export Fund totalling RM300million to be reintroduced Strengthening the Franchise Development Scheme with RM20million allocation Investment Account Platform will be introduced with initial start-up fund of RM150million Malaysian Government Securities and Government Investment Issues to be listed and traded in Exchange Traded Bond and Sukuk Expenses incurred in the issuance of sukuk based on Ijarah and Wakalah principles will be extended for another three years until 2018 Malaysia Protection & Indemnity Overseas Club will be established under Exim Bank, offering third-party liability protection at reasonable premiums Incentive of 100 per cent income tax exemption for five years will be available to encourage the private sector to manage, maintain and upgrade industrial estates in less developed areas Incentive of 70 per cent income tax exemption for 5 years will be made available to the private sector to manage industrial estates in other areas For high labour-intensive industries, an automation capital allowance of 200 per cent will be provided on the first RM4million expenditure incurred within 20152017 For other industries, automation capital allowance of 200 per cent will be provided on the first RM2million expenditure incurred from 2015 to 2020 A 59km Sungai Besi-Ulu Klang Expressway worth RM5.3billion will be constructed 276km West Coast Expressway from Taiping to Banting worth RM5billion will be built 36km Eastern Klang Valley Expressway worth RM1.6billion will be built Upgrading of the East Coast railway line along Gemas-Mentakab, Jerantut-Sungai Yu, and Gua Musang-Tumpat with an allocation of RM150million Construction of the 56km Second MRT Line from Selayang to Putrajaya at an estimated cost of RM23billion LRT 3 Project to link Bandar Utama to Shah Alam and Klang at an estimated cost of RM9billion The RM69billion Pengerang Integrated Petroleum Complex project to create more than 10,000 job opportunities Sustainable Mobility Fund of RM70million to be established under SME Bank to develop electric vehicle manufacturing industry 50 electric buses to be introduced RM200million allocation for MyCreative Ventures in 2012 RM100million allocation for Digital Content Industry Fund High-speed Broadband will be implemented in high-impact areas, covering state capitals and selected major towns nationwide RM2.7billion will be spent over the next five years to build 1,000 new telecommunication towers and laying of undersea cables Malaysia Year of Festivals 2015 to attract 29.4million foreign tourist arrivals with expected income of RM89billion SME Investment Partner to be implemented with initial fund totalling RM375million for five years RM80million will be allocated for a soft loan scheme for automation and modernisation of SMEs Tekun to provide additional funds of RM500million RM350million Tekun fund to be allocated to Bumiputera entrepreneurs RM50million Tekun fund to be alloacted to Indian Entrepreneurs Financing Scheme RM50million Tekun fund to be allocated to the Armed Forces Veteran Entrepreneur Development Programme Soft loans totalling RM50million for SME entrepreneurs from the Chinese community, RM30million for hawkers and petty traders 360 high-impact innovative products to be commercialised within the next five years RM290million research fund to implement various high-impact research and development and commercialisation programmes Electricity consumption that is not subject to GST to increase from 200 units to 300 units. Revenues[edit].

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