Friday, June 13, 2008

Govt Salaries in two parts from August

The PM announced on Wednesday, that the government salaries will be paid in two installments started from August. He said the measure would facilitate management of expanses of cash flows of house holds following the increases fuel prices. The first installment will be paid on in the middle of the month, and the second at the end of the month. Deduction for income tax, EPF, such will be made in the second installments (which means that the second installment much less compare to the first installments) .
There are so many things that we should pay in the end of the month is it? For example car loan, house loan, bank loan.. etc… So the second installments can afford it? Let say the first installment wholly used for the house hold. So what is your opinion?

No comments: