WAH! Quite a lot of goodies in the budget won't you say? I was asked this by a friend awhile ago. I didn't get to see the whole Budget speech by Finance Minister Datuk Seri Abdullah Ahmad Badawi, but there seems to be a consensus that the new budget offer some help to most people.
Some items I picked from the various websites:
+ 20-pack cigarettes to cost 60 sen more (this will make friends like Feroz, Bob, Dino, Ab and Joseph curse but they should not take this to heart because it's intended to make them more healthy!);
+ one-month bonus for civil servants with a minimum of RM1,000 (this is duit raya);
+ if you buy items from your company, you get to buy up to RM1,000 e year and your employer gets tax exempt (this is to help boost sales and help you save by buying internally);
+ if you work for the Government, and if you retire after serving 25 years, you get cash RM720 upon retirement (this is a token of appreciation, provided you are not caught for corruption. There was no mention about your efficiency though);
+ if you work for the Government, and if you buy a house, your repayment period will be extended from 25 years to 30 years (this means you pay less every month and you have a bit more money to spend. Banks will be happy because the longer the time to finish paying your loan, they will add a few more thousand ringgit to their income);
+ buses pay 50 per cent less on toll charges (hopefully they will pass on the benefit to passengers. This may look easy on paper but implementation...);
+ no more import duty on fertilisers and pesticides (on paper looks good for farmers but importers are creative people unless they are being closely monitored);
+ if you have mobile phones, Iphone included, and have fixed lines installed, and you use them on company business, stop worrying - your employers will foot the bill (about time too, provided you can differentiate calls for business and calls for love chats. Also, expect your bosses to want to go through your itemised billings);
+ and if I'm not mistaken, if you are a civil servant and your household income is less than RM3,000 a month, you get a subsidy of RM180 a month (Cuepacs should have no grounds for complaint but expect private sector unions to include this in their next negotiations for their new collective agreement).
Well, you have better ways of getting the full come sunrise. Happy shopping!