Road Tax reduction...Woohoo!!!

I was going through The Star Online and stumbled upon this interesting piece of news.
It reads,

"SEPANG: Road users may enjoy further road tax reductions, Transport Minister Datuk Ong Tee Keat disclosed.

The ministry was studying this possibility and had asked the Road Transport Department to collate the relevant information, he said.

He hoped that the road tax would be reduced further after he passes on the details to the Finance Ministry.

“Of course it depends on the overall fiscal situation,” he said after a working visit to MASKargo yesterday.

On Wednesday, the Government announced a RM200 reduction on road tax for private vehicles with engine capacity above 2,000cc, and RM50 reduction on road tax for private motorcycles with engine capacity above 250cc.

Also announced were rebates of RM625 a year for private vehicles with engine capacity of up to 2,000cc, and private pick-up trucks and jeeps with engine capacity of up to 2500cc.

Rebates of RM150 will be given to private motorcycles with engine capacity of up to 250cc.

Asked if public transportation would receive further subsidies following the fuel price rise, Ong said the Cabinet Committee on Public Transportation would discuss it further.

“Of course, certain things have yet to be worked out. Some of the input, initiatives and proposals will be discussed by the committee.

At this juncture, it (further public transport subsidy) is still open-ended,” he said."

Yes, I think all Malaysians are very alarmed with this current decision in the increase of petrol. I personally know people that were driving individual cars are starting to car pool, people who took cabs are finding other alternatives as they are scared that they will be charged higher cab fares with the current increase in petrol prices, and some are looking into moving closer to their working place to reduce the driving distance and avoiding traffic jams during peak hours.

Therefore, with the tax reduction being implemented most people will be able to lead their normal lifestyles without making drastic changes. I hope this will be implemented soon!!!


Cheers...