Friday, October 5, 2012

Cuepacs wants tax-free bonus

PUTRAJAYA: Cuepacs yesterday requested that the 11/2-month bonus for civil servants announced in the Budget be exempt from tax.
"This is the first time we are requesting it for all civil servants, regardless of ranking," said its president, Datuk Omar Osman, after a meeting with Higher Education Ministry officials.
Omar also said those who wished to apply for affordable homes should be allowed to get full loans without having to pay a 10 per cent deposit. He said 100 per cent loans should be given to first-time house owners.
In the Budget, RM1.9 billion is allocated to build 123,000 affordable housing units in strategic locations and RM500 million to build houses priced between RM100,000 and RM400,000 nationwide.
Omar also said they were waiting for details on the replacement for the Public Service Remuneration Scheme from the Public Service Department.

NEW STRAITS TIMES


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