Key Highlights
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Four tolls abolished
Four tolls abolished in Selangor, Kedah, Johor. Federal Highway will be completely free from Jan 1, 2018.
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Lower income tax
Lower income tax for those making RM20k to RM70k.
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Civil servant handout
RM 1,500 for each civil servant next year. RM750 for retired civil servants.
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No BR1M increase
BR1M payment of RM1,200 to be maintained.
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Bumiputera empowerment
More than RM3.5 billion allocated, mainly for scholarships and training schemes.
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More PTPTN flexibility
More flexibility for PTPTN repayment for students from B40 households.
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Allowances for senior citizens and disabled
Senior citizens and disabled persons allowance increased to RM350 and RM100 respectively.
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No GST for gov't services
Local government services exempted from GST.
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Rental income tax cut
50% tax cut on rental income up to RM2,000 a month.
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Agricultural boost
RM 6.6 billion for farmers and fishermen, including infrastructure and handouts.
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Perks for GLC staff
Among the perks are higher profit shares, flexible benefits and work arrangements.
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Beefed-up security forces
Budget boost to combat extremism; more homes to be built for police and military.
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Kiddie trust account
Children born between 2018 and 2022 to be given RM200 trust account via PNB.
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Tax-free Pulau Pangkor
Pulau Pangkor declared tax-free zone.
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