The Ministry of Finance (MOF) has reinstated the Cost of Living Aid (BSH) payment for singles
The payment of RM100 will be given to those who are registered under the "single" category in the 2018 BSH database
About three million Malaysians will benefit from this payment, which would involve RM300 million in government funds.
New registrants will not be eligible for the payment, as they will fall under the BSH 2019 database.
"The payment will be made by the end of March 2019 and will be deposited directly into their bank account," said Lim.
The move comes after Home Minister Tan Sri Muhyiddin Yassin presented a proposal to reinstate the singles category, following its abolishment in BSH 2019
"Maybe the allocation cannot be in billions, and perhaps it cannot be implemented as it was under the previous administration but the interests of our young people should be safeguarded so that they can make a living for themselves," Muhyiddin said, as reported by The Star.
However, the Finance Minister has mentioned that the rate of further payments for singles under BSH 2019 will need to be reviewed and presented to the Cabinet for a decision.
Additionally, Malaysians can now update their details on the official BSH website to be eligible for future payments of the financial aid
Families with a household income under RM4,000 are eligible for the financial aid.
The breakdown is as follows:
- RM1,000 for income under RM2,000
- RM700 for income between RM2,001 and RM3,000
- RM500 for income between RM3,001 and RM4,000
Recipients can update their details online at https://bsh.hasil.gov.my/or at any Inland Revenue Board Of Malaysia (LHDN) branches, HASiL service centres, or Urban Transformation Centres (UTC).
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