* Excise duty specific on cigarettes increased by three sen from 15 sen per stick to 18 sen per stick. With this, the duty for a 20-stick pack of cigarettes is now increased by 60 sen.
Social Safety Net
* Eligibility criteria for welfare assistance under the Welfare Department, increased from a monthly household income of RM400 to RM720 for Peninsular Malaysia, RM830 for Sarawak and RM960 for Sabah.
* Government pensioners who had served at least 25 years upon retirement, will receive a pension of not less than RM720 per month, effective Jan 1 2009.
Prime Minister Datuk Seri Abdullah Ahmad Badawi presenting Budget 2009 to Parliament on Friday. - Starpic by Sia Hong Kiau* The Government will now also set up a Special fund of RM25mil set up to channel financial assistance to victims of calamities such as floods and fire.
R ead the rest of budget highlights from THE STAR.
SUN2SURF BUDGET NEWS
< href="http://www.thestar.com.my/news/story.asp?file=/2008/8/31/budget2009/22212777&sec=budget2009">UNDERSTAND BETTER THRU Q & A
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