YOUR FIRST 1,000,000 IN STOCKS!
An inspiring and educational day on how simple it really is to make your first million – from icons of success who started off just like you and are now financially free and living life to the fullest comfortably !
The world’s ardent fundamentalist, Warren Buffett, once said, starting to invest today will not give you the profits from yesterday’s growth.
One more day spent waiting is one more day’s profits gone.
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November 3rd, 2009 | Posted in stock market | 7 Comments
THE Government under Budget 2010, the Real Property Gains Tax (RPGT) of Five Per Cent (5%) would be imposed from Jan 1 on gains from the disposal of real property irrespective of the holding period and category of owner.
Prior to the exemption of the RPGT in April 2007, tax on gains from property sales was on a progressive basis from 30% to 0% depending on the holding period of the property.
Malaysia scrapped a three-decade old capital gains tax on property in April 2007 in a bid to help clear a backlog of unsold homes, to give the property sector a boost , attract overseas funds and increasing domestic and foreign demand in the local property market.
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October 28th, 2009 | Posted in property | 6 Comments
The government had in its Budget 2010 proposals last week announced a RM50 service tax on each principal credit card, charge cards, including free cards and RM25 for supplementary cards by January next year.
This is a Bad news and ridiculous to Malaysia credit card holder.
It will effect all the credit cards including that have been promoted with the tag line “Free for Life”.
No more freebies.
Government is expected to collect additional half a Billion ringgit in service Tax from the existing 11 Million credit card holders.
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October 27th, 2009 | Posted in Credit Card | 14 Comments
