Friday, October 23, 2009

Budget 2010: Broadband user get tax relief


Malaysia Budget 2010

Strengthening ICT Industry

39. To strengthen ICT, the Government will expedite the implementation of High Speed Broadband (HSBB) at a total cost of RM11.3 billion, of which RM2.4 billion is from the Government and RM8.9 billion from Telekom Malaysia. Initially, broadband services with the speed of 10 mega bytes per second (Mbps) will be provided in selected areas in Kuala Lumpur and Selangor by end-March 2010. Subsequently, these services will be extended to other selected areas nationwide between 2010 and 2012.

40. Broadband penetration is currently at 25%. This rate is far lower compared to 95% in the Republic of Korea, 88% in Singapore, 64% in Japan and 60% in the United States. In order to attain developed nation status, computer ownership and broadband penetration should be enhanced. Various tax incentives have been givento augment the supply of broadband services in Malaysia, in respect of infrastructure development and capacity. To further enhance broadband penetration, the Government proposes that individual taxpayers be given tax relief on broadband subscription fee up to RM500 a year from 2010 to 2012.

41. Civil servants are eligible to apply for computer loans up to a maximum of RM5,000 from the Government once in every 5 years. To encourage computer ownership, civil servants can now apply for computer loans once in every 3 years.

courtesy paultan.org

conclusion? haha boleh laa.. next year x payah kena tax.. bonos pon tarak.. sorry laa LHDN aku anto borang with negatif ammount ler ek.. kire korang utang aku lak hahah :P err on the other hand leh arr beli pc baru whohoo!! siap ngan lcd 32" utk pc aku hahahar.

more on malaysia budget 2010 check out here:





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