myLIFEinvest

Just wondering, who says the truth? I cut a piece from the below to understand the issue. Others read by your self in the below article. Questionable quote: 1) Only 1.7 million worker paying tax over 12.8 million ( 13%)??? So another 87% will get BR1M?? 2) Last year petrol only getting 5cent subsidy, why after 20cent price hike, gomen said we was given 65cent of subsidy???? Soooo funny!!!! “This year we had initially targeted revenue collection to total RM107 billion but our first half collection has already reached the RM99 billion mark. But the income tax payers form a small portion,” he said. Of the 12.8 million in the workforce, only 1.7 million pay tax while in the case of the 700,000 firms, only five per cent, or 35,000, pay taxes.Lim said the middle income bracket’s usual grouse is that the government tends to overlook their interest in the annual fiscal budget. “Remember for every litre of petrol utilised, the government is giving a five-sen subsidy whil...

Assalamualaikum w.b.t, Sebelum membuat keputusan menyimpan atau melabur melalui Tabung Haji seharusnya kita memahami terlebih dahulu kaedah kiraan dividen / bonusnya. Tabung Haji juga tidak terlepas dari gengaman tangan-tangan ghaib yang memeras dan menyedut lahap hasilnya seperti mana tabung-tabung ASNB dan KWSP namun ianya adalah instrumen yang boleh diteliti terutamanya bagi umat Islam yang bercita-cita untuk menunaikan fardhu Haji. Bagaimanakah pengiraannya? Berikut adalah kaedah pengiraannya dari laman web TH contoh untuk 2012: Secara umumnya bonus tahunan dikira sama seperti dividen ASB, iaitu berdasarkan baki minimum bulanan tahun penilaian. Bonus khas bergantung kepada ehsan THG, dimana berasaskan minima bulanan untuk tempoh tahun (jumlah bulanan) tertakhluk kepada hebahan THG. Jadual di bawah menunjukkan prestasi THG untuk tempoh 10 tahun yang lalu. Apakah lebih baik? Sukar untuk diramalkan kerana prestasi selalunya diistihar baik apabila hampir den...

Ref:  Employees Provident Fund Starting from January 2014,  Employees Provident Fund (EPF) will revise upwards the basic savings level of its members. The aim is to ensure  its members have enough savings to finance their retirement needs. The new quantum is RM198,000 by the age of 55 compare to RM120,000 at the current level. It will be equivalent to RM820 a month for 20 years from age 55 to 75. The new rates are benchmarked against the minimum pension for public sector employees which are currently at RM820 a month. This will avoid the monthly retirement income not fall below the poverty level. The impact to this new revision is, members will need to have more funds in their account to be eligible to withdraw for the purpose of EPF Members Investment Scheme. The table below is the current & new Basic Savings Level for EPF members. EPF only guarantee annual returns of 2.5%. Basic Saving (RM) Age Curre...

Assalamualaikum w.b.t., Well done! Well done! One of our present already here. The best still not coming yet. The wave of chain reaction will make all of very-very happy. 1st wave you will get sooner, with goods price hiking up. No worry and no hurry guys. Just wait. Don't forget, the price increase what was told to make sure bonus can be paid to Government Servant and Continuity of BR1M. 2nd wave of goods price will some more increase after bonus. And might be we will get 3rd wave with electricity tariff hike. So be happy and let celebrate after getting our PRU13 the best present ever....