Read Our Extensive Coverage On Budget 2022
Wage Subsidy Cushioned Impact In 2021, Should Budget 2022 Take Note?
“According to the Ministry of Finance, the government had approved wage subsidy applications worth over RM15.7 billion under the various wage subsidy programmes. Under Wage Subsidy Programme 1.0 (PSU 1.0) up to Sept 3, 2021, a total of RM12.936 billion had been approved, benefitting 322,177 employers and 2.64 million workers, according to its Minster Tengku Zafrul.”
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Budget 2022 Should Address Important Tax Issues
“Budget 2022 should address important aspects of tax revenue collection such as plugging leakages and good management of tax revenue collection including timely refund of tax, says Chartered Tax Institute Malaysia President Farah Rosley in a Pre-Budget 2022 statement.”
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Budget 2022 Should Allocate RM6 Billion For Vaccination, Here’s Why
“The National Immunisation Programme (NIP) is likely to extend well into the year 2022 given immunological uncertainties such as potential reduction of vaccine effectiveness against Delta and future variants, waning immunity, uneven level of protection from different vaccine types and high infectivity rate of variants. Accordingly, we need to ensure a high level of vaccination readiness, and conduct the necessary studies to better inform ourselves on the state of the health crisis.”
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