becareful with bank rakyat.

my fd will paid out monthly interest every month at 21th, but until today(25t), the interest is not yet credit to my saving account.

Assume Mr. A earns 10K/month(120K/year), and save RM60K/year.
With the 3% lower personal tax, Mr A saves RM1500/year=RM125/month(rough estimation only as I do not go into calculation in detail) from personal tax.

Assume 3K out of the 5K monthly expenses is taxable on GST, 6% x 3K=180/month.

Net to net, due to GST, Mr A spends extra RM180-RM125=RM55/month(RM660/year). In another word, Mr A saves RM660/year less from the original RM60K/year.RM60K-RM660=RM59340/year in saving.

Mr B earns RM3K/month with zero income tax and zero saving.
Assume 2k out of the 3K is taxable on GST, 6% x 2K=120/month is his extra spending/month.

Originally, Mr B barely strives through each month with zero saving; with GST he will be negative RM120/month.

The above excludes the indirect prices increase on most of the products across the country.

With that I foresee the country will face very big challenge in 2015 and the GST is likely reduced or withdrew in 2017 in preparation of GE14.

50k can nego till wat rate?
bank rakyat?

bank rakyat still 4.01% pa

no need nego bank rakyat gv me 4.01% pa

where is the info come from?

my bank rakyat 5yr interest still same no cut

protect by ministry of finance

got my jan pay on 20th with bonus and completion bonus...>RM30k all goes to charity cause

gonna end soon 28 Feb

how about bank rakyat.

if dont wan the ATM card, can we still have online account?

count me in no pidm not ok bro

find small and new branch, they need hit target so can give better rate

bank rakyat 4.5%pa for >60 month?

Deposit of more than RM5,000, profit is paid monthly

last time need put 20k then can only take profit monthly.

now 5k can get profit monthly already

http://www.bankrakyat.com.my/deposits-account-i-

Special Features:
Profit rate is paid higher than normal Savings Account
Deposit of more than RM5,000, profit is paid monthly

recalculate the %.

pls post the BR letter here