The budget in brief:
a) Toll highways and PPP projects
- The government plans to build six highways.
- Toll rates on four highways owned by PLUS Expressway Berhad will not be increased for the next five years.
- Greater KL MRT to be implemented from 2011.
- A new 100-storey landmark, Warisan Merdeka, to be completed in 2020.
b) Tax Incentives/hike
- Import duties for around 300 preferred consumer items to be abolished.
- Service tax to be imposed on paid television broadcasting services.
- Service tax for restaurant, hospitals and car rentals to be increased from 5% to 6% .
- Sales tax will be exempted on all types of mobile phones.
c) Housing and Community
- Stamp duty exemption of 50% for first time house buyers on a house priced less than RM350,000.00
- RM350mil to be implement various programmes to combat crime.
d) Family and women
- RM70mil for programmes with selected NGOs to strengthen the family institution and address social ills.
- 40 1Malaysia TASKA to assist women to obtain quality childcare and early education for their children.
e) Civil service
- Maternity Leave increased from 60 days, not to exceed 90 days for civil servants.
- Housing loan for civil servants increased to a maximum of RM450,000 from RM360,000 currently.
- RM576mil allocated for scholarships for those wishing to further their studies.
- RM213mil allocated to enhance proficiency in Bahasa Malaysia and the English Language.
- RM15.2bil to build new hospitals and increase the number of doctors, nurses and supplies of medicines and equipment.
- Another 25 1Malaysia clinics will be established, bringing the total 76.
h) Environment and green tech
- RM1.9bil to finance environmental preservation projects.
- To further encourage ownership of hybrid cars, import duty and exercise duty exemption will be extended until Dec 31, 2011.
- RM100mil allocated to implement various orang asli programmes.
- RM218mil to benefit 80,000 disabled individuals through various programmes.