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Message: <blockquote data-quote="ALBundy" data-source="post: 381820" data-attributes="member: 15">Government will require motorists to use MyKad to pump petrol soon, where I assumed profiling will be done according to your household income. So you may have to pay more, even for RON95!! To me this is inevitable as 40% of the country's expenditure is covered by revenue from oil and gas, and in 5 years time barring any major oil discovery, Malaysia will be a net oil importer. So, as I said earlier it will only get worse. The other bummer in the budget (other than that, it was relatively a pain free budget) is the re-introduction Real Property Gains Tax (RPGT). RPGT is a tool normally used to curb excessive speculation in the market, where tax is imposed on gains made on property sale transactions. At present, I do not think there is much speculation on the market, perhaps the government is really looking into ways to improve its coffers, so if you plan to dispose your property, do it before January 1st 2010.Cheers</blockquote>