mybajet.my/about-my-bajet-info FOCUS 2: Strengthening Education and Training ADVANCING EDUCATION AND TRAINING 29. Malaysia Education Development Plan, 2013-2025 Provisions of the education sector – RM38.7 billion or 15% of the total allocation Upgrading the skills of teachers (subjects: National Language, English, Mathematics and Science) Creating an Implementation of Education Unit (EDU) 30. Education Sector Development Special Fund for construction, improvement and maintenance of the school – RM1 billion 31. Strengthening the role of Nursery and Preschool Pre-school education under KEMAS, KPM, PERMATA and JPNIN – RM1.2 billion Grant launches (RM10,000) for private Early Childhood Education centre providers Double tax deduction for employers who provide allowances or subsidies to employees and facility maintenance expenses for nurseries and child care centers Income tax exemption for a period of 5 years and an industrial building allowance at the rate of 10% per annum given to nurseries, child care centers and private preschools 32. Pilot project to implement Nurseries for the disabled – 6 category of disabled OKU down syndrome, autism, blind, deaf and dumb disabilities, physical disabilities and learning difficulties TRAINING AND SKILLS 33. Provision of technical and vocational training – RM3.7 billion Skills Development Fund – RM440 million ILP and IKBN equipments – RM366 million High strategic training programme – to train 5,000 people RAPID program in Pengerang – to train 300 youths in oil & gas field Skills training programs under ILP and SLDN scheme - to train 3,200 Indian students 34. Establishing Graduate Employability Taskforce (GET) – strengthening the employability of graduates and career paths 35. 1Malaysia Training Scheme – 2 times tax deduction on expenses incurred for companies 36. Two free screenings to 1.4 million SOCSO members FOCUS 3: Nurturing Innovation, Productivity Rises ACCENTUATE SMALL AND MEDIUM ENTERPRISES 37. SME Development Intellectual property used as collateral to obtain financing Preparation of Intellectual Property Endowment Fund – RM200 million (Government financing 2% interest and CGC guarantee 50%) Intellectual property evaluator training program – RM19 million TO ENCOURAGE R&D ACTIVITIES 38. Allocation of R&D to 5 Research Universities – RM600 million Conduct high-impact research Strategic areas: nano-technology, automotive, bio-technology and aero-space 39. Tax incentives to subsidiary companies engaged in R&D Tax deduction equal to the amount of investment 100% tax exemption on statutory income for a period of 10 years Tax deduction equal to the amount of investment by investors in venture companies catalysts allowed to be deducted from all types of income 40. Mainstreaming creativity and innovation program Inclusive Innovation Program – in collaboration with government agencies and NGOs GREEN TECHNOLOGY DEVELOPMENT 41. Upgrading the Green Technology Financing Scheme Additional Provisions for GTFS – RM2 billion Extension of the application period until December 31, 2015
Posted on: Mon, 01 Jul 2013 08:28:46 +0000
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