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Opposition stages walkout after Speaker rules Guan Eng will not face Parliamentary committee
KUALA LUMPUR: Dewan Rakyat Speaker Datuk Seri Mohamad Ariff Md Yusoff decided that Finance Minister Lim Guan Eng does not have to face Parliament's Rights and Privileges Committee, leading to a brief walkout by Opposition MPs.
Trust fund can be used to pay off informers
PETALING JAYA: A trust fund – the Kumpulan Wang Alam Sekitar – will be set up under Section 70 of the proposed new environment law that can be used, among others, to pay off informers of environment crime.
Mixed response from employers
PETALING JAYA: There is a mixed response from employers to the Human Resources Development Fund’s (HRDF) move over the unutilised portion of the 30% levy collected into a common fund.
RM60bil for stimulus package (Update 2)
DPM Najib has announced in Parliament that the Government will implement a stimulus package totalling RM60 billion. The package will be implemented over two years, 2009 and 2010.
Chua: Channel gaming tax to different fund
KUALA LUMPUR: A different fund should be set up for tax revenue collected from legalised betting that has been previously approved by the Government, said MCA president Datuk Seri Dr Chua Soi Lek.
Groups: Manage and use fund wisely
PETALING JAYA: Setting up a trust fund where contributions can be used towards better protection of the environment is a good move, say environmentalists. However, it must have a comprehensive structure and guidelines to prevent misuse.
Mini Budget Speech by Datuk Seri Najib Tun Razak
I am pleased to announce that the Government will implement a Stimulus Package totalling RM60 billion. The package will be implemented over two years, 2009 and 2010. Of this amount, RM15 billion is fiscal injection, RM25 billion Guarantee Funds, RM10 billion equity investments, RM7 billion private finance initiative (PFI) and off-budget projects, as well as RM3 billion in tax incentives.
Tax refund procedure made easier
This is the second in a three-part question-and-answer series provided by PricewaterhouseCoopers for i>The Star/ireaders on various aspects of Budget 2005. The final part will appear in i>StarBiz/itomorrow.
Perak developers must contribute to drainage fund
IPOH: Developers in Perak have to contribute to a drainage and flood mitigation fund.
