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BUDGET: Malaysia To Drive Towards High-Income Economy

KUALA LUMPUR, Oct 23 (Bernama) -- Prime Minister Datuk Seri Najib Tun Razak has laid down a firm foundation to drive the nation towards embracing a high-income economy in the 2010 budget through bold proposals to raise private equity, invigorating the stock market, further developing Islamic finance while emphasising on micro-credit programmes.

5 Peratus CKHT Di Bajet 2010, Cukai CHKT 1976 Tidak Terpakai Lagi

KUALA LUMPUR, 25 Okt (Bernama) -- Kerajaan telah menetapkan cukai keuntungan harta tanah (CKHT) pada kadar lima peratus dikenakan ke atas keuntungan daripada pelupusan hartanah berkuat kuasa mulai 1 Januari 2010.

5 Percent RPGT In Budget 2010, 1976 RPGT Rule No Longer Applicable

KUALA LUMPUR, Oct 25 (Bernama) -- The real property gains tax (RPGT) will be fixed at five percent on the gains from the disposal of real property effective 1 January 2010.

Rosmah Heartened By Allocation To Permata Under 2010 Budget

By Muin Abdul Majid

DUBAI, Oct 25 (Bernama) -- Datin Seri Rosmah Mansor has described the RM100 million allocation to the Permata programme under the 2010 Budget as a recognition of the importance of early childcare and education in Malaysia.

SMEs To Benefit Greatly From 2010 Budget, Says MAICCI

By Santhia Panjanadan

KUALA LUMPUR, Oct 24 (Bernama) -- Small and medium-sized enterprises (SMEs) in the country stand to benefit greatly from the Budget 2010 which has given more attention to the development of local entrepreneurs.

More Low-Cost Houses Needed For Urban Dwellers

KUALA LUMPUR, Oct 23 (Bernama) -- The 74,000 units of low-cost houses to be built at the end of 2010 is a proactive measure to help the lower-income group particularly in the urban areas, said Malaysian Association of Architects president Boon Che We.

Well-Crafted And Action-Oriented Budget, Says CIMB Group Chief

KUALA LUMPUR, Oct 23 (Bernama) -- Budget 2010 is well-crafted and action-oriented, according CIMB Group chief executive Datuk Seri Nazir Razak.

Green Technology Tax Exemptions Welcomed

KUALA LUMPUR, Oct 23 (Bernama) -- The 2010 Budget tabled by Prime Minister Datuk Seri Najib Tun Razak Friday received mixed reaction from opposition leaders but most of them expressed the hope that the allocations would be channelled properly.