Friday, September 7, 2007
Malaysia Budget 2008 - Con't
- To promote family values and financial security, the Government proposes full stamp duty exemption be given on the transfer of property from husband to wife. In cases where the wife wishes to transfer property to the husband, the same exemption applies.
- The Government will continue to assist the disabled. In this regard, the Government will increase the disabled workers monthly allowance from RM200 to RM300; and provide special assistance of RM300 per month for eligible persons taking care of the disabled, who are bed-ridden and patients suffering from chronic illness. It will also allow tax deduction on renovation costs in the work place incurred by employers for the disabled to encourage the private sector to hire more disabled workers.
- Beginning financial year 2008, public listed companies will be required to disclose their employment composition by race and gender, as well as programmes undertaken to develop domestic and Bumiputera vendors.
- sum of RM6 billion is allocated to the Royal Malaysian Police (PDRM) in 2008.
- In line with this, the capacity and efficiency of PDRM will be enhanced with the recruitment of 60,000 new personnel over the next five years. Investigating officers and assistant investigating officers will be supplied with an additional 2,000 national cars and 1,600 laptops. In addition, 1,900 motorcycles will be provided to increase police presence. PDRM will also set up a Mobile Forensic Unit in each police contingent.
- The Government will install a larger number of closed circuit televisions linked to police control centres. To assist the private sector to enhance security at their sites, in particular at factory premises, Accelerated Capital Allowance over a year will be given for the purchase of security and surveillance equipment.
# posted by Dr Roland Chia @ 6:18 PM 
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