00:00A reminder before watching the video
00:01Popular websites have more content!
00:03Continuing the discussion on financial cases
00:05Families with children in school
00:07The budget for next year also includes some good deals.
00:10My child will start school next year
00:12Government-provided back-to-school aid
00:14The price increased from RM150 to RM200.
00:17That means an extra 50 yuan per child.
00:19If there are 4 children in the family
00:20Then you'll receive a total of RM800.
00:22This offer brings together 5.3 million students.
00:27The government allocated RM1 billion
00:29In addition, Form Six students will also have a living arrangement next year.
00:32Today, it's 2500 ringgit per person.
00:34To keep up with the students in the university preparatory class
00:3790,000 Form Six students to be bribed
00:39The school's food aid has also been increased to RM870 million.
00:43Ensuring that more than 800,000 students in need can have enough to eat
00:48Those students receive stipends and financial aid.
00:50What about the school itself?
00:52The Ministry of Education will receive RM691 next year.
00:55It received the most funding of all departments.
00:582.8 billion more than this year's 66.2 billion
01:01Regarding the school maintenance and repair fees, which are of most concern to parents...
01:04This time it doubled.
01:06From 1 billion to 2 billion ringgit
01:09National Schools 900 million
01:10Reduce by RM100 million
01:12But less than RM50 million
01:14What about the other thing?
01:15The government also allocated nearly RM1.3 billion.
01:18Specifically upgrading the facilities of 682 schools for people with disabilities
01:21The focus is on Sabah and Sarawak.
01:23The government doesn't have enough money.
01:26How should some parts be done?
01:27What should we do with the part that's not enough?
01:29This time?
01:30The budget proposal has one more measure.
01:31It's about encouraging everyone to donate money.
01:33Parents, alumni, or community members
01:35What if we donate money to the school's public endowment fund?
01:39You can enjoy a tax deduction of up to 10% of your total income.
01:44And then?
01:45Just started working
01:46Young people who have to repay PTPTN loans every month
01:49Listen carefully to this part.
01:51Government agrees
01:52Borrowers with a monthly income not exceeding RM2,500
01:55You can postpone repayment.
01:57Monthly income of 2500 to 3000 ringgit
02:00The minimum monthly payment is only RM50.
02:03The person who always pays back the money on time
02:05Wouldn't that be a huge loss?
02:06No
02:07The government also offered some incentives.
02:09Borrowers who do not default and repay on time
02:12You can enjoy a 10% discount on repayments.
02:15If the boss is willing to pay off the PTPTN for the employees
02:18You can also get tax breaks
02:20The deadline is from January 2027 to December 31, 2028.
02:25University students who are still studying also enjoy several benefits.
02:29It's about the airfare subsidy for college students (Fly Siswa)
02:32Increased from RM400 to RM500
02:35This would result in 60,000 students at government universities being bribed.
02:38There are also free AI subscriptions that have received a lot of positive feedback from young people.
02:42Add 100,000 more slots
02:44Furthermore, this time CHAT GPT has also been included in the relevant scope.
02:48Okay, let's look at retirees next.
02:50What are retirees most afraid of?
02:52The worst thing is withdrawing a sum of money all at once.
02:54It was all spent in a few years.
02:56So this budget proposal
02:57The CPF (Central Provident Fund) has introduced a new option.
03:00It's called IOMAS
03:02As long as you are 55 or 60 years old
03:04You can choose not to withdraw all at once.
03:07Change to receiving a fixed amount of money every month
03:10It's like receiving a monthly salary.
03:11And the money that hasn't been withdrawn from the account yet
03:14Continue to help you earn interest
03:16But this is not mandatory.
03:18If you still want to receive it all at once
03:20It's still okay.
03:21Next is the money directly distributed to the elderly.
03:25Lehling Soft City Aid Fund
03:26The allocation will increase to RM1.3 billion next year.
03:29The government estimates that nearly 200,000 elderly people will be bribed.
03:32It seems the government has made up its mind.
03:34Before my country becomes an aging society...
03:37First, install the safety net for the elderly.
03:40In addition, in the past, parents were sent to nursing homes.
03:43Bill plus 8% service tax
03:46Starting from January 1st next year
03:48Receiving care service tax
03:50From 8% to 6%
03:52More importantly, this last sentence
03:54Annual care expenses not exceeding RM96,000
03:58Service tax waived
04:0096,000 a year
04:02If you calculate it, it's about 8,000 ringgit a month.
04:04I believe most nursing home fees
04:07Affordable for low- and middle-income groups
04:09They're all within this range.
04:11In other words, for most families
04:13This tax should be exempted in the future.
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