Registration for the 1Malaysia People’s Assistance Scheme 2.0 will end on 15 March 2013, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah today.

Application from the People who are eligible but have yet to apply for the aid will still be accepted.  Read more ›

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Prime Minister Datuk Seri Najib Razak officially launched the second round of distribution of the 1Malaysia People’s Aid (BR1M 2.0) with recipients from Pandan and Ampang, Selangor being among the first to receive the RM500 aid voucher in a symbolic ceremony today.

Najib, who received a rousing welcome during the launch event at Taman Dagang, said RM3billion is allocated for the 7.3 million people who had registered so far under BR1M 2.0.  Read more ›

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Datuk Seri Ahmad Husni Hanadzlah: BR1M 2.0 Deadline Extended

The Inland Revenue Board (IRB), in a statement today, said that the ministry had decided to postpone it until a later date, which will be announced soon.

The initial registration deadline was on Dec 31 (Monday).

“Eligible applicants can still register either by submitting their BR1M 2.0 paper form or through IRB’s website www.hasil.gov.my.  Read more ›

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The following are the step-by-step guide for all new applicants of BR1M 2.0 to register online, make sure you have entered all information correctly before submitting to the next step.

You will be unable to amend or change the information that you have submitted except for waiting the reply from MOF.  Read more ›

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Apply BR1M online now with Lembaga Hasil Dalam Negeri, register here without going to the LHDN offices.

By visiting the following LHDN Official Link and you will see the following box appear in the middle of webpage, apply BR1M online by giving all accurate and correct information as required.

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People eligible to receive the 1Malaysia People’s Aid (BR1M) 2.0 will begin getting their money early next year, Second Finance Minister Ahmad Husni Hanadzlah announced Monday. No definite date had been set yet for the distribution.

Ahmad Husni said registration of BR1M 2.0 applicants would begin on Nov 1, but only two categories of applicants had to fill in the forms — those single people aged 21 and above earning less than RM2,000 per month and those who were left out of this year’s BR1M programme for whatever reason.

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Skim Rumah Pertamaku (SRP) – My First Home Scheme was first announced in the 2011 Budget by the Malaysian Government to assist young adults who have just joined the workforce, earning RM3,000 per month or less to own  their first home.

The Scheme allows young adults to obtain 100% financing from financial institutions, enabling them to own their 1^st home without the need to pay a 10% downpayment. This is in line with the Government’s aspirations of increasing home ownership amongst the “rakyat”.

Many may be asking – how does this work? Is there a special government agency set up for this scheme? Do I need to apply to any government agencies to qualify for this 100% housing financing? You may find the answer below.

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The National Education Savings Scheme (SSPN-i ) was designed by the National Higher Education Fund Corporation (PTPTN) for the purpose of higher education.

As announced in Budget 2013, it is proposed that personal tax relief for saving deposits placed with SSPN-i for the benefit of their children be increased from existing RM3,000 to RM6,000 effective from year of assessment 2012 to 2017.

Please note the proposed effective date is YA 2012 (yes, begins from this year, i.e. 2012!), even before the finance bill being gazetted at parliament.  Read more ›

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Application forms for the second round of the Bantuan Rakyat 1Malaysia (BR1M 2.0) cash aid are expected to be distributed this month, says Deputy Finance Minister Datuk Donald Lim Siang Chai.

“The government will make an announcement on BR1M 2.0 in one or two weeks, by October the forms should be available,”

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Budget 2013: Driving Transformation Towards A Developed Nation

Budget 2013 Malaysia was tabled by Prime Minister Datuk Seri Najib Razak in Parliament on 28 September 2012 from 4:00pm to 6:00pm. and this budget is considered people and business friendly, based on the fact that this year will be high likely the Election Year!

Budget 2013 Highlights

Bantuan Rakyat 1Malaysia (BR1M2.0)

RM500 (instead of RM250, correction after much clarification in the news) assistance money for a household earning less than RM3,000.

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