Assalamualaikum w.b.t.,

Hidup di dunia yang sementara ini banyak mengabui mata kita tentang matlamat kehidupan yang sebenarnya. Kita semakin terdesak dengan himpitan kehidupan dan berlumba-lumba untuk mencari kehidupan yang lazimnya lebih menampakkan keduniaa semata-mata.
Apakah ada di antara pelaburan yang semakin hari semakin kurang diberikan tumpuan? Namun, apakah kita menidakkan keperluan yang perlu kita sediakan di dunia bagi persediaan akhirat? Bagaimanakah pula pelaburan di dunia yang wajar dilakukan untuk persediaan akhirat kita? Wajar rasanya kita sama-sama bincangkan dan jadikan maklumat bersama ini sebagai panduan kita merentasi dunia untuk menempah tempat yang selesa di akhirat kelak, insyaallah.

Pandangan serta komen rakan-taulan, pak-pak ustaz, profesionalis, akauntan, hartawan, dermawan, pak/mak wan dan sebagainya boleh dikongsi untuk dijadikan panduan disamping memperkuatkan ukhwah sesama kita. Sila diemailkan pandangan anda ke mryteratak@gmail.com.


Wassalam.
5/11/2009
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Pemberitahuan: Semua maklumat di blog ini adalah pandangan peribadi melainkan dinyatakan sebaliknya. Sila rujuk kepada institusi atau badan yang berkaitan untuk maklumat lebih lanjut. Sebarang rujukan dari blog ini adalah risiko sendiri.Pengarang tidak bertanggungjawab di atas sebarang masalah yang timbul disebabkan oleh bahan diblog ini.

Wednesday, September 11, 2013

Revisit Old News About Tax, Debt and Subsidy..

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 while for every kilogramme of rice consumed, the government is providing a 60- sen subsidy.” On the implementation of the Goods and Services Tax (GST), Lim said it was now in the final study phase as the government is still undertaking its awareness campaign. The second reading in the Parliament is expected to proceed soon after the government receives the feedback from the business community


Year 2012, Sep 7.

Malaysia debt still at manageable level

Business Times


Sep 7, 2012


MALAYSIA’s government debt level is still at a manageable level even though expenditure will increase further this year, said Deputy Finance Minister Senator Datuk Donald Lim Siang Chai.
The figure may be high but we need to spend on various projects in areas such as infrastructure and healthcare, he said. As at the end of last year, the percentage of public debt to GDP ratio is 51.8 per cent. Although there is a self-imposed cap at 55 per cent, the government is careful in ensuring that the ratio will not exceed that level.

“At RM400 billion (total public debt), it is quite high but we have infrastructure needs now,” he said, at a media briefing after launching a one-day seminar on the recently announced Private Retirement Scheme. It was organised by the Financial Planning Association of Malaysia and Malaysia Financial Planning Council.
Standard and Poor’s Rating Services, in a report on Wednesday, said Malaysia’s public debt is on the high side for an A-rated sovereign and it expected it to rise to 53.9 per cent by the end of 2012. Lim said it is unfair to compare the debt levels with that of neighbouring Singapore or Hong Kong as Ma-laysia’s current priority needs include infrastructure.
“We are building our first MRT line and we are looking at the financing model in countries like Taiwan and Hong Kong to see if we can adopt some of their financing schemes which do not place a burden on the government.” Unlike the high debt levels of advanced economies like the US, coupled with high unemployment and slow growth rates, Malaysia still continues to enjoy strong growth, low inflation level, healthy foreign reserves as well high foreign direct investment (FDI) interest. On concerns of the economy being dependent on the oil income, Lim said the level of dependence has reduced greatly from the 1990s when it was about 50 per cent.
“Our revenue is well spread now – with oil and gas, commodities such as palm oil and rubber, manufacturing, retail market and tourism. The contribution from the services sector has also risen as Kuala Lumpur gains its recognition as the regional financial hub.” In 2011, 35 per cent of the revenue was derived from the oil and gas sector, another one-third from corporate and individual taxes and the remaining one-third from the customs tax collection from cigarettes, liquor and gaming (sin taxes).
“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 while for every kilogramme of rice consumed, the government is providing a 60- sen subsidy.” On the implementation of the Goods and Services Tax (GST), Lim said it was now in the final study phase as the government is still undertaking its awareness campaign. The second reading in the Parliament is expected to proceed soon after the government receives the feedback from the business community

Saturday, September 7, 2013

Bagaimana Mengira Pulangan Tabung Haji?

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 dengan pilihanraya. Jika tanpa pilihanraya apakan boleh ianya boleh diharapkan sebagai tempat untuk menyimpan dan melabur? 

 

 

EPF to Raise Basic Savings Level Starting Jan 2014



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 Current Jan 2014 Difference
18              1,000              1,000                   -
19              2,000              2,000                   -
20              3,000              4,000            1,000
21              4,000              5,000            1,000
22              5,000              7,000            2,000
23              7,000              9,000            2,000
24              8,000            11,000            3,000
25              9,000            13,000            4,000
26            11,000            15,000            4,000
27            12,000            18,000            6,000
28            14,000            21,000            7,000
29            16,000            24,000            8,000
30            18,000            27,000            9,000
31            20,000            30,000          10,000
32            22,000            34,000          12,000
33            24,000            37,000          13,000
34            26,000            41,000          15,000
35            29,000            46,000          17,000
36            32,000            50,000          18,000
37            34,000            54,000          20,000
38            37,000            59,000          22,000
39            41,000            64,000          23,000
40            44,000            69,000          25,000
41            48,000            76,000          28,000
42            51,000            81,000          30,000
43            55,000            88,000          33,000
44            59,000            95,000          36,000
45            64,000          102,000          38,000
46            68,000          109,000          41,000
47            73,000          117,000          44,000
48            78,000          125,000          47,000
49            84,000          134,000          50,000
50            90,000          143,000          53,000
51            96,000          153,000          57,000
52          102,000          163,000          61,000
53          109,000          174,000          65,000
54          116,000          185,000          69,000
55          120,000          196,000          76,000

For those who interested to know the savings profile for active EPF members as of year end 2011, kindly take a look at the following table. It shows the savings range, number on members and total savings for each range.


Savings Range (RM) Members Savings (RM mil)
<1 1="" td=""> 516,271 230.74
1,001 – 2,000 305,953 450.13
2,001 – 3,000 229,050 568.03
3,001 – 4,000 189,928 662.18
4,001 – 5,000 164,394 738.29
5,001 – 6,000 149,869 823.37
6,001 – 7,000 137,533 893.37
7,001 – 8,000 128,038 959.79
8,001 – 9,000 121,424 1,031.46
9,001 – 10,000 114,168 1,084.41
10,001 – 15,000 503,744 6,254.00
15,001 – 20,000 406,735 7,082.07
20,001 – 25,000 341,710 7,667.42
25,001 – 30,000 292,035 8,010.71
30,001 – 35,000 252,714 8,198.32
35,001 – 40,000 221,341 8,288.42
40,001 – 45,000 194,481 8,255.48
45,001 – 50,000 170,640 8,096.25
50,001 – 60,000 288,353 15,082.15
60,001 – 70,000 228,811 14,827.12
70,001 – 80,000 184,652 13,817.14
80,001 – 90,000 151,080 12,816.94
90,001 – 100,000 124,752 11,833.20
100,001 – 110,000 104,272 10,934.18
110,001 – 120,000 87,715 10,075.63
120,001 – 130,000 74,389 9,287.66
130,001 – 140,000 62,960 8,491.89
140,001 – 150,000 54,341 7,872.92
150,001 – 300,000 324,330 66,007.58
300,001 – 400,000 58,031 19,933.16
400,001 – 500,000 28,484 12,668.27
500,001 – 600,000 15,904 8,671.77
600,001 – 700,000 9,668 6,246.03
700,001 – 800,000 6,308 4,711,28
800,001 – 900,000 4,415 3,738.24
900,001 – 1,000,000 3,165 2,997.34
>1,000,000 11,174 17,807.58
Total 6,262,832 327,834.52

It shows members average savings, total savings based on age. The figures exclude 2011 dividends.


Age Members Total Savings (RM mil) Average Saving (RM)
<16 td=""> 1,234 0.62 499.89
16 – 25 1,596,950 9,341.13 5,849.35
26 – 30 1,144,518 24,765.59 21,638.44
31 – 35 841,242 37,711.27 44,828.08
36 – 40 681,996 45,748.93 67,080.94
41 – 45 554,370 47,690.97 86,027.33
46 – 50 439,032 47,304.11 107,746.37
51 – 55 287,451 33,056.35 114,998.22
56 – 60 108,143 7,243.23 66,978.28
61 – 65 35,084 2,495.31 71,123.98
66 – 70 12,411 874.28 70,444.08
71 – 75 3,277 214.06 65,320.84
76 – 80 302 58.59 193,999.52
81 – 85 65 13.79 212,096.88
>85 117 4.63 39,534.17
Total 5,706,192 256,522.84
 

Monday, September 2, 2013

Congratulation! Petrol Ron 95 and Diesel up RM0.20

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....