Pang Tun Yau
A seasoned tech journalist who now focuses on his other passion, Pang is a firm believer in old-school DCA and optimised spending.
Budget 2019: BR1M Renamed As Bantuan Sara Hidup; Offers Cash Assistance For B40 Households
Pang Tun Yau
3rd November 2018 - 1 min read
The new Malaysian government will continue the cash grant program from the previous administration as a means of assisting the B40 households.
Besides the change in the programme’s name – BR1M is now known as Bantuan Sara Hidup – the conditions in which the grants are distributed is a major difference between the two. Bantuan Sara Hidup’s cash grant tiers are different compared to BR1M. Here’s a comparison between the two:
| BR1M 2018 | Bantuan Sara Hidup | |
| Household income < RM1,000 | RM1,200 | N/A |
| Household income < RM2,000 | N/A | RM1,000 |
| Household income < RM3,000 | RM900 | RM750 |
| Household income < RM4,000 | N/A | RM500 |
| Singles above 21 earning < RM2,000 | RM450 | N/A |
| Senior citizens | RM1,000 | N/A |
| Children below 18/disabled | N/A | RM120 per child (up to maximum of 4 children) |
In theory, the total grant for a family with a household income below RM2,000 a month with four children below 18 years old will add up to RM1,480, which is higher than the existing BR1M distribution structure. In total, the allocation for Bantuan Sara Hidup is RM5 billion, and will benefit 4.1 million households.
About THE AUTHOR
Pang Tun Yau
Top Budget 2019 Articles
Top Budget 2019 Articles
Budget 2019: BR1M Renamed As Bantuan Sara Hidup; Offers Cash Assistance For B40 Households
The new Malaysian government will continue the cash grant program from the previous administration as a means of assisting the B40 households.
LHDN Notifications On SVDP Only For Those Earning RM4,000 And Above
Letters and emails have been sent out to ensure those earning RM4,000 and above declare their income and register as taxpayers under the Special Voluntary Disclosure Programme.
How To Make The Most Out Of The New Budget 2019 Incentives
Now that the Budget 2019 dust has settled, let’s take a look at what you can do to make the most of the new incentives.
Budget 2019: 10 Key Highlights
From taxes to financial assistance, here are the most important takeaways from the tabling of Budget 2019.
Comments (0)