PM: Malaysians To Get RM50 E-Wallet Credit, Tax Exemptions, And Free Internet

Dubbed Pelan Jana Semula Ekonomi Negara or 'PENJANA', RM10 billion from the total will be a fiscal direct injection by the government.

Meanwhile, RM9 billion is dedicated to supporting three million employees in the country.

During a special live address today, 5 June, the Prime Minister stressed that the government's focus is to revive the Malaysian economy.

- Malaysians over the age of 18 and earning less than RM100,000 annually will receive RM50 worth of e-wallet credit. Besides that, you can also get another RM50 in value through vouchers, cashback, and discounts by e-wallet merchants.

- Individual income tax exemption of up to RM5,000 for employees who receive a handphone, notebook and tablet from their employer.

- Special individual income tax relief of up to RM2,500 on the purchase of handphones, notebooks, and tablets.

- Social Security Organisation (SOCSO) will provide coverage for workers involved in accidents while working at home under the Employment Injury Scheme.

- eVouchers of RM800 per household for mobile childcare services to be utilised from now until the end of August 2020.

- There will be a RM1,000 increase in income tax relief for parents on childcare services expenses for the Year of Assessment (YA) 2020 and 2021.

- The government is introducing an unlimited monthly travel pass at RM30 for use on all rail services (MRT, LRT, Monorail), BRT, RapidKL buses, and MRT feeder buses.

- People with disabilities and single mothers registered under the Ministry of Women, Family, and Community Development (KPWKM) will receive a RM300 one-off payment.

- The government will double the existing allocation for the PEKA B40 Programme to help fund medical treatments for low-income communities.

- Participating telecommunication companies will provide Malaysians with 1GB of free internet each day between 8am and 6pm, mainly for educational purposes.