GEORGE TOWN: The state government will consider giving grants to both city councils due to the major cuts in assessment tax, says Jagdeep Singh Deo.
The Penang local government committee chairman said the state government would consider offering grants to both the Penang Island City Council and Seberang Prai City council due to the loss in funding from the assessment tax.
It was announced in May this year that rate payers would only have to pay their previous assessment rate for the year to reduce the burden caused by the Covid-19 pandemic. Jagdeep Singh said MBPP was supposed to receive an additional RM54.24mil from the increased assessment this year, while MBSP would have received an additional RM39.7mil."Our main aim is to ensure the health security and safety of Penangites."The rebate has definitely impacted the local councils and project expenditure will now be a burden on the councils.
"We have held discussions on how to scale down on expenditure and looked at our core businesses," he said at the 14th Penang State Legislative Assembly at Dewan Sri Penang, George Town on Monday . Jagdeep Singh was responding to an oral question by Lee Khai Loon on how the local councils would manage due to the rebate, as assessment tax was its main source of income.The state had announced an assessment rate review last year where the annual value of properties was adjusted to reflect the current values, while the actual assessment rates were reduced.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brisk sales for auto sectorPETALING JAYA: The local automotive sector is enjoying brisk vehicle sales as customers take advantage of the sales tax holiday granted by the government till the end of the year.
Read more »
Tearful Kenin admits injury hobbled Roland Garros hopesThe American says she could not move in the second set due to her injury. FMTNews
Read more »
MoH: Risk assessment will be carried out before proposing for closure of premises | New Straits TimesKUALA LUMPUR: The Health Ministry (MoH) will carry out a risk assessment before proposing for the closure of premises due to Covid-19 cases, Health director-general Tan Sri Dr Noor Hisham Abdullah said.
Read more »
De Bruyne tips England to shine at Euros, World CupMan City midfielder says England are a young team with a lot of potential. FMTNews
Read more »
Director says 320 Penang remand prison staff test negative for Covid-19 | Malay MailGEORGE TOWN, Oct 11 — All 320 Penang Remand Prison staff who have undergone the first Covid-19 screening since October 5 have been confirmed to be free of the virus. Its director Mohamed Jusoh Ismail said the results of the screening found that all the prison staff were free of Covid-19 symptoms....
Read more »