MESHIO.COM

a malaysia personal finance blog

PF Goodies PF Articles PF Help RSS Email Me Disclaimer



K&N Kenanga Budget 2007 Preview

Budget 2007

Here’s a summary of the preview report from K&N Kenanga on the upcoming Budget 2007.

- tough times ahead for property market (due to over supply and high interest rates), which might result in the reintroduction of RPGT exemption

- tax cut on corporate and personal level is highly unlikely

- implementation of the good and service tax (GST) will be postponed yet again

- projects to focus on the less developed regions- namely the Eastern Corridor and the Southern Johor Economy Region

- sin tax will be raised yet again at about 5-10% for tobacco and brewery sector (it was hiked 13% and 9% respectively in the year 2005)

- number forecast operators and and casino operators would be spared from the hike

    For those who are figuratively-inclined, you can read it all up in the following PDF report.

    Download the PDF report.

    You might want to read these too...

    Trackbacks

    close Reblog this comment
    blog comments powered by Disqus