Monday, October 26, 2009

ANWAR CLAIM 2010 Budget BENEFITED GOVERNMENT

Opposition leader, Datuk Seri Anwar Ibrahim thinks card and tax fee property gain will be acquired by the government is far higher of deduction and tax exemption given government to people. In the budget, government announced to reduce rate of individual tax of 27 percent to 26 percent and relief tax raised of RM8,000 to RM9,000. Anwar said, roughly people only enjoy tax relief in radius RM500 million only.
"However government charge RM50 for major card credit and RM25 for supplementary card. Estimated government will gross revenue more than RM400 million from fees these cards that had emerged of people pocket,” he said. He adding it not yet included real estate profit tax as much as 5 percent. He dispute do budget which made this benefit to people. -Malaysia Today

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