Budget 2012 in Educational Sector

• Parents will no longer have to pay school fees for their children in primary and secondary education. No more fees for co-curriculum, internal test papers, Malaysian Schools Sports Council fees and insurance premium
• One-off RM200 cash voucher for all school pupils and higher learning institution students.
• RM1 billion allocation through a special fund for the construction, improvement and maintenance of schools in need of upgrades. RM500 million would be allocated to national schools while national-type Chinese and Tamil schools, government-assisted religious schools, mission schools and Mara junior science colleges will receive RM100 million each.
• Tax exemption on contributions to educational institutions.
• Private schools registered with the Education Ministry will be given incentives including an Investment Tax Allowance

How about teacher.....?

• Another half month bonus will be paid on December.
• Civil service salary hikes of between seven and 13 per cent.
• Increase in the rate of automatic annual increments in civil service salaries of between RM80 and RM320.
• Pensioner teacher will get 2% increment annually.
• Teacher who opt for EPF will get 1% contribution from employer for earning RM 5000 and below.
• Retirement of teacher extend to 60 years old from 58.
• Teacher will be offered tuition fee assistance for part-time studies.