How to apply for the economic stimulus package? B40 gets RM1600 single and also has living assistance

To help families and singles through the Covid-4,000 pandemic, except for those earning RM1600 and RMXNUMX a month,马来西亚Govt will also disburse nearly RM40 billion in state care to M100 middle-income groupAid.

First allocation to M40 group

This is the first time that the Malaysian government has provided the M40 group with a one-offliving aid.

Prime Minister Tan Sri Muhyiddin (Tan Sri Muhyiddin) announced today (2020 March 3) that all groups of people at the M27 level and below, including private employees, settlers, farmers, fishermen and smallSmall tradeBusinesses will benefit from it.

How to apply for the economic stimulus package? B40 gets RM1600 single and also has living assistance

“I understand that under the current circumstances, many people’s incomes are affected. To ease your burden, the government will provide the National Caring Assistance, a one-off cash grant of nearly RM100 billion.”

  • He said it was also the first time the government had released funds to the M40 group.

How much money can I get from the Economic Revitalization Package?

The Malaysian government will release the following payments:

  1. the first:将有近400万户月收入在4000令吉及以下的家庭,将获得1600令吉。RM1,000将在2020年4月支付,其余的RM600将在5月支付。
  2. second:将有近110万户月收入超过RM4,000和RM8,000的家庭获得RM1,000。RM 500将在2020年4月支付,剩余的RM 500将在5月支付。
  3. third:21岁以上300万单身人士,月收入2,000及以下的人可获得RM800。RM500将在2020年4月支付,剩余的RM 300将在5月支付。
  4. fourth:年龄在21岁以上的40万名单身人士,每月收入超过RM2,000至RM4,000,将获得RM500。 RM250将在2020年4月支付,剩余的RM250将在5月支付。

Furthermore, Muhyiddin said,living aidThe balance will be disbursed in July this year, with an allocation of up to RM7 billion.

College students will receive RM200 aid

The government will allocate RM2.7 million to distribute aid to students in pre-university, community colleges, polytechnics, government universities and private universities.

Relevant students will receive a one-off grant of RM200.

Free internet plan

The government will work with telcos to allocate RM6 million to provide free internet access until the regulatory action ends on April 2020, 4.

The government assists employers in paying RM600 to employees.

For employees earning less than RM4,000 per month, the government will provide a monthly salary of RM3 for 600 months to help employers and employees.

该计划专门针对月收入低于4,000令吉的雇员,以及自2020年1月1日以来,收入急剧下降50%的雇主。

Employers must ensure they cannot lay off staff, or direct employees to take unpaid leave within 3 months of the scheme, and employers must not deduct employees' existing wages.

Other economic revitalization supporting plans

  • Taxi drivers can get a one-off assistance of RM500.
  • Those belonging to the low-income group (B40) will receive a daily allowance of RM50 if they are suspected of being infected and quarantined.
  • The government has allowed all SMEs to defer income tax instalments for 3 months.
  • All fields are exempted from Human Resource Development Fund (HRDF) head tax for 6 months.
  • The special allowance for medical staff has been increased from RM400 to RM600 per month until the end of the Covid-XNUMX pandemic.
    From April 4, military personnel, police, customs, immigration, civil defence personnel and the Volunteer Army (RELA) involved in control missions will also receive a special allowance of RM1 until the end of the Covid-200 pandemic.
  • One-off payment of RM56 to 150 million civil servants below grade 500 in Malaysialiving aid.

How to apply for the Economic Revitalization Package?

The above are some of the benefits of the Malaysia Economic Stimulus Package, so they are not fully listed here.

Many Malaysians are concerned about the most important question: how to apply for the Economic Stimulus Package?

As the Malaysian government has not yet announced how these living aid payments will be distributed, we will have to wait for the government to announce more details.

How to check the National Caring Grant (BPN) online?For more information on how to apply, please click the link below▼

Extended reading:

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