KUALA LUMPUR: A number of taxation reform measures will be implemented next year to expand the country's revenue base and at the same time not burden the majority of the people.
Minor relief: PTPTN borrowers are entitled to 10% and 15% off on their partial or full loan repayments from today until March 31, 2024.
Nivesh Naga Raja, 23, said that he was initially doubtful if there was going to be any discounts given for PTPTN borrowers following recent reports that the Higher Education Ministry would not be pushing for the PTPTN loan repayment discount initiative under Budget 2024. Nur Marissa Qistina Mohd Zulfikar Alibahtto, 23, said the discount should encourage PTPTN borrowers to promptly pay their loans.“I want to be able to pay off the pending balance as quickly as possible and I really hoped for the higher discount rate that would help me achieve my goal to save up for my future,” she said.
Meanwhile, Universiti Utara Malaysia student representative council president Muhammad Izuan Faiz Abdul Rahman said the Prime Minister’s announcement that the registration fees to public universities would be limited to a maximum of RM1,500 beginning January was reasonable.“The sum announced is reasonable as we want to avoid the situation where new students have to reject offers to pursue their tertiary education or where existing students are not able to continue studying,” he said.
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