Wage subsidy – extend 3 months for businesses that are not allowed to operate
Incentive for hiring jobless
40 years and below
RM800/m
40 years old and above and OKU
RM1000/m
For 6 months
Upskilling of jobless through short courses subsidy RM600
50million matching grant for gig economy platform
25million to MDEC global online workforce
Work from home – RM5000 tax relief
Tax rebate for Parents for kids related expenses
MY30 unlimited travel pass for public transport on prasarana from 15JUN until end of 2020
RM300 one off payment to OKU before Hari Raya Aidil Adha
Peak B40 get extra RM50million for medical coverage
Free internet 1GB from 8am to 6pm everyday until end of year. Plus free access to government covid19 websites
Each business to get:
Micro business transition to digital to get matching grant up to RM140million by MDEC e-dagang
Private business to run “ Shop 电竞go比赛手机版v5.9 IOS版(电竞go下注手游) Online ” with RM70 millions matching grant from MDEC
RM700 million to PKS for digital transformation
RM2 Billion penjana loan scheme for PKS
RM1 Billion penjana loan scheme for Tourism operators
RM400 Million for small businesses
RM200 Million for bumiputra businesses
RM300 Million for Mara
Cash loan for contractors in class G2 G3
Tax incentive for business spending on covid19 related expenses
RM10 Million for MAGIC Social Activist
Tax Incentive:
RM20k rebate for 3 years for new SME company establishment
Stamp Duty for merger is waived until 30 June 2021
Investment Incentive:
RM1.2 Billion for digital transformation for domestic venture capital
National Tech and Inno Sandbox to develop new technology such as drone delivery
Industry 4.0
Government to move to online counters through digitization
Campaign buy 电竞go比赛手机版v5.9 IOS版(电竞go下注手游)
To encourage buying local produce
Contactless payment
RM50 credit into ewallet
Home Ownership Campaign to be reintroduced
Property within RM300k to RM2.5Mil
Until 31May 2021
Waiver of RPGT until 31Dec 2021 limited to 3 properties per individual
Waiver of 100% sales tax for CKD cars
Waiver of 50% sales tax for CBU cars
0% tax for foreigner factories ? to relocate to 电竞go比赛手机版v5.9 IOS版(电竞go下注手游)
5 years of 100% tax allowance for local factories
Tourism sector:
Tax delay for tourism business extended
No tax on tourism from July 2020
RM1k individual tax relief for travel
RM225 million for culture and arts
RM350 million for agriculture
100% waiver export of palm oil until 31 Dec 2020
