Malaysia Federal Budget 2012

Budget 2012 allocates RM232.8bil for Government plans,
including RM181.6bil for management and RM51.2bil for development.

Full exemption of import duty and excise duty on hybrid cars and electric cars will continue to be given until 2013

Govt will extend the compulsory retirement age from 58 to 60 years old to optimise civil servants' contribution.

Under My First Home Scheme for those earning below RM3,000, government to increase the limit of house prices from a maximum of RM220,000 to RM400,000.

Civil servants will be offered tuition fee assistance for part-time studies, including 5,000 masters and 500 doctoral scholarships.

One-off assistance of RM500 to households with a monthly income of RM3,000 and below will be provided

Discount for senior citizens to travel in LRT and monorail and no outpatient registration fee for them in hospitals.