KUALA LUMPUR: MCA president Datuk Seri Dr Wee Ka Siong has expressed sadness that the Tunku Abdul Rahman University College (TAR UC) was denied allocation of a matching grant for a second year running.
"Under education, there was no mention at all of any allocation for matching grant for TAR UC again," he said when met at the Parliament lobby after the Budget 2020 speech on Friday .
Wee, who is Ayer Hitam MP, said that MCA had fought for some 50 years to secure matching grants for TAR UC, and had received an average of RM30mil to RM60mil annually under the previous government."This is the problem we face, and I am saddened by it," he added. He also lamented that the RM5.5mil allocation for development expenses for TAR UC under the budget last year had been slashed to RM1mil for next year.He said there was no change in personal tax relief of RM9,000 to benefit the lower and middle income group earning less or between RM3,500 and RM5,000 a month.
He also said it was meaningless to that raise the tax exemption threshold for small and medium enterprises to RM600,000.
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