Tag Archives: Subsidy

BUDI MADANI Step-By-Step Registration Guide!

Find out how to register for the BUDI MADANI diesel fuel subsidy initiative in our step-by-step guide!

 

BUDI MADANI Registration For Diesel Subsidy

On 22 May 2024, Malaysia Prime Minister Anwar Ibrahim announced that the government will cut diesel subsidies in Peninsular Malaysia, with Sabah and Sarawak spared as the use of diesel vehicles is widespread in those states.

Cutting this diesel subsidy is expected to save the government about RM4 billion (about US$850 million a year) – or about 0.2% of its GDP, and help to achieve the goal of the Fiscal Responsibility Act (FRA) to reduce the debt level so that it does not exceed 60% of the GDP, with a fiscal deficit of between 3.5% and 3% by 2025.

Instead of providing a direct subsidy of diesel fuel, Malaysia has announced a new diesel subsidy scheme called BUDI MADANI, which is much more limited, and targeted.

Recommended : BUDI MADANI Diesel Subsidy Scheme Explained!

 

BUDI MADANI : Step-by-Step Registration Guide

In this guide, we will go through the BUDI MADANI registration process, and show you how to do it.

Step 1 : Go to the BUDI MADANI account registration page, which is also its login page. This is confusing, but don’t worry about it.

Step 2 : Key in your MyKad number, and click on the Semak button.

Recommended : Bantuan Tambahan RM1000 Scam Alert!

Step 3 : A notice will pop-up, informing you that your MyKad number is not found in the BUDI MADANI system. You are then given the option to register for an account.

Step 4 : Click on the Daftar Akaun (Register Account) button.

Step 5 : In the BUDI MADANI registration page, you will need to key in these details:

  • MyKad number
  • Full name
  • Email address

Step 6 : Enter a safety phrase that only you will know. Make it something short and easy to remember, like Show me the money!

This safety phrase will appear whenever you log into BUDI MADANI in the future, allowing you to verify that you are not logging into a fake, phishing website.

Step 7 : Key in a password that must be at least 8 digits / characters long, and must consist of a mix of numbers, small and capital letters, and symbols.

Step 8 : Once you are done, click on the Daftar (Register) button.

Step 9 : A pop-up will appear, informing you that you have successfully registered for a BUDI MADANI account. You should immediately receive an email.

You will now need to check your email account (the one you keyed in above), for the BUDI MADANI confirmation email.

Please verify that the email came from budimadani@hasil.gov.my, and that it was sent right after you register for the account.

Once you are sure it is a legitimate email, click on the link inside the confirmation email, to verify your email address and activate your BUDI MADANI account.

Step 10 : Clicking on the link should lead you to the login page. If it does not, simply go to the BUDI MADANI login page again, and key in your MyKad number.

Step 11 : This time, you will be shown your safety phrase. Click Ya (Yes) to confirm that it is the safety phrase you registered, or Tidak (No) if it’s the wrong safety phrase.

Step 12 : Now key in your password, and click on the Log Masuk (Log In) button.

Step 13 : After logging in, you will see the BUDI MADANI screen with two options. Click on Permohonan BUDI Individu (Application for BUDI Individual)

Step 14 : You will need to key in your other personal details:

  • Tick the Police / Military checkbox and key in your Police / Military number, if you are in the police or military.
  • Mobile phone number
  • Bank
  • Bank account number

Step 15 : You will then need to key in the details of your diesel vehicles (up to 5):

  • Vehicle number plate number
  • Vehicle road tax expiry date
  • Vehicle brand and model
  • Vehicle class

Step 16 : Once you are done, verify the details and click on the Teruskan (Proceed) button.

Step 17 : You will be presented with a CAPTCHA challenge. Key in the letters you see in the box below, and click on the SAHKAN CAPTCHA (Verify CAPTCHA) button.

Step 18 : You will be presented with a declaration. Click on the checkbox to proceed.

Step 19 : Now click on the Hantar (Send) button to submit your application.

Step 20 : You will receive a notification that your application was successfully submitted. Click on the Keluar (Leave) button to exit, or click on the Cetak Permohonan (Print Application) button to download your application.

You can also click on the Semak Status (Check Status) to see if your application has been approved.

That’s it! You have successfully submitted your BUDI MADANI application for diesel subsidy! Best of luck!

 

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He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Subsidy Removed : Diesel To Cost RM3.35 On June 10!

Malaysia just abolished its diesel fuel subsidy, and will float diesel prices on a monthly basis! Here is what you need to know…

 

Subsidy Removed : Diesel To Cost RM3.35 On June 10!

On 9 June 2024, Malaysia Finance Minister II Datuk Seri Amir Hamzah Azizan announced that diesel prices will be floated on a monthly basis, abolishing the diesel fuel subsidy at least in Peninsula Malaysia.

Based on the Automatic Pricing Mechanism formula for the month of May, diesel will be priced at RM3.35 per litre starting midnight on Monday, June 10, 2024.

Currently, Euro 5 diesel (B10) is sold at the subsidised price of RM2.15 per litre, whereas so the new, unsubsidised price of RM3.35 per litre is about 55.8% higher. Those using B7 diesel will pay RM3.55 per litre, up from the current RM2.35 per litre – up by 51%.

While the diesel subsidy will remain in place for Sabah and Sarawak, it will eventually be removed. The Finance Minister II said that the “rationalisation” of the diesel subsidy will be implemented in Sabah and Sarawak later.

Recommended : BUDI MADANI Diesel Subsidy Scheme Explained!

Cutting this diesel subsidy is expected to save the government about RM4 billion (about US$850 million a year) – or about 0.2% of its GDP, and help to achieve the goal of the Fiscal Responsibility Act (FRA) to reduce the debt level so that it does not exceed 60% of the GDP, with a fiscal deficit of between 3.5% and 3% by 2025.

Instead of providing a direct subsidy of diesel fuel, Malaysia has announced a new diesel subsidy scheme called BUDI MADANI, which is much more limited, and targeted.

In addition, the government will continue to provide subsidies for farmers and traders using diesel-powered commercial vehicles, and public transportation. Ten types of public transportation vehicles, including buses and taxis, as well as 23 types of goods transport vehicles, will be subsidised under the Subsidised Diesel Control System (SKDS)

 

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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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BUDI MADANI Diesel Subsidy Scheme Explained!

Malaysia will abolish its diesel fuel subsidy, and replace it with a targeted subsidy scheme called BUDI MADANI. Here is what you need to know…

Updated @ 2024-05-30 : Updated details of BUDI MADANI vs SKDS 2.0 diesel subsidy
Updated @ 2024-05-29 : Added new vehicle limitations for BUDI Individu

Originally posted @ 2024-05-28

 

BUDI MADANI : A Targeted Diesel Subsidy Scheme

On 22 May 2024, Malaysia Prime Minister Anwar Ibrahim announced that the government will move to cut diesel subsidies in Peninsular Malaysia, with Sabah and Sarawak spared as the use of diesel vehicles is widespread in those states.

Currently, Euro 5 diesel is sold at the subsidised price of RM2.15 per litre, whereas the unsubsidised price is about RM3.33 per litre – about 55% higher.

Cutting this diesel subsidy is expected to save the government about RM4 billion (about US$850 million a year) – or about 0.2% of its GDP, and help to achieve the goal of the Fiscal Responsibility Act (FRA) to reduce the debt level so that it does not exceed 60% of the GDP, with a fiscal deficit of between 3.5% and 3% by 2025.

Instead of providing a direct subsidy of diesel fuel, Malaysia has announced a new diesel subsidy scheme called BUDI MADANI, which is much more limited, and targeted. Here is what you need to know…

Recommended : Did US impose sanctions on Malaysia as State Sponsor of Terror?!

 

BUDI MADANI : 3 Categories Of Diesel Subsidy

On 27 May 2024, the Malaysia Ministry of Finance announced two categories for the BUDI MADANI diesel subsidy scheme, but there now appears to be a total of three categories.

BUDI Individu

BUDI Individu is the category for owners of private diesel vehicles. It offers a fixed cash aid of RM200 per month to qualified applicants who meet these requirements:

  1. Must be a Malaysian citizen
  2. Own a diesel vehicle that is registered with JPJ in Peninsular Malaysia, except luxury vehicles* that are less than 10 years old
  3. Diesel vehicle must have a valid road tax
  4. The annual income of the individual or couple must be RM100,000 and below

* What constitutes a luxury vehicle is currently undefined

Applications for BUDI Individu will be cross-checked with the Inland Revenue Board of Malaysia (LHDN) to eliminate owners of luxury diesel vehicles that is less than 10 years old, and high-income individuals (T20).

In addition, the Ministry of Finance just added new limitations – these vehicles do NOT qualify for BUDI Individu:

  1. Diesel motorcycle
  2. Privately-licensed diesel vehicles used by a company or organisation
  3. Vehicles registered for e-hailing use
  4. These vehicle types – caravan, motorhome, tour van, tour bus

BUDI Agri-Komoditi

BUDI Agri-Komoditi is the category for farmers or smallholders. It also offers a fixed cash aid of RM200 per month to qualified applicants who meet these requirements:

  1. Must be registered as a farmer, or a smallholder, with relevant agencies under the Ministry of Agriculture and Food Security (KPKM), or the Ministry of Plantation and Commodities (KPK).
  2. Must be an active farmer, or smallholder, with annual agricultural sales of between RM50,000 and RM300,000.

MySubsidi Diesel

Finally, the MySubsidi Diesel is a special category for public vehicles and qualified goods transportation, which will be able to obtain subsidised diesel through a “fleet card”.

This includes 10 types of public transport vehicles, and 23 types of goods transport vehicles under the Subsidised Diesel Control System, including buses and taxis.

Recommended : Bantuan Tambahan RM1000 Scam Alert!

 

BUDI MADANI : How To Apply + Get Aid / Subsidy

You can apply for any of the three BUDI MADANI categories through the official BUDI MADANI website.

BUDI Individu and BUDI Agri-Komoditi applicants who are approved before 3 June 2024 will receive their first cash aid by middle of June 2024, and thereafter receive it on a monthly basis.

Those who get approved after 3 June 2024 will receive the first BUDI MADANI payment within two weeks, and thereafter receive it on a monthly basis.

Cash aid through the BUDI MADANI programme will be credited directly into the recipient’s bank account every month. Those who do not have a bank account can claim their BUDI MADANI aid as cash at any Bank Simpanan National (BSN) branch nationwide.

For those whose applications failed, the Ministry of Finance will also open up an Appeals process to allow you to make an appeal.

 

Diesel Subsidy : Choose SKDS 2.0 / BUDI MADANI

On Thursday, 30 May 2024, Malaysia Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali clarified that people can only opt for one diesel subsidy – either the Subsidised Diesel Control System 2.0 (SKDS 2.0), or the new BUDI MADANI programme, but not both.

He explained that the Subsidised Diesel Control System is targeted at companies, while the BUDI MADANI is for individuals, and small farmers. The SKDS 2.0 programme is also handled by his ministry, whereas BUDI MADANI is being handled by the Finance Ministry instead.

They can only choose one. We observed that there are farmers or households that have small businesses and do not have a company. Hence, we will have to help them through the Budi Madani programme.

Further details on BUDI MADANI will be announced by the Finance Ministry, whereas our ministry handles the SKDS.

 

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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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How To Register For Your PADU Account!

Find out how to register for your PADU Central Database Hub account, so you can check and update your information!

 

PADU Central Database Hub : What Is It?

Malaysia introduced the PADU Central Database Hub – on Tuesday, 2 January 2024. Developed in just 7 months, PADU is designed to give the government a better way to distribute subsidies, and make other policy decisions going forward.

PADU accomplishes this by combining data from over 400 government agencies, and related organisations, into one central database, hence its name – Pangkalan Data Utama (PADU), or Central Database Hub in English.

The Malaysian government has currently made PADU open to Malaysian citizens and permanent residents, who are 18 years and older. However, it is not mandatory for anyone to register for a PADU account.

Registering for a PADU account will allow you to check and update your information in the system. But even if you do not register for an account – PADU will automatically consolidate your data from multiple government agencies.

Recommended : PADU Central Database Hub : What You Need To Know!
Recommended : Is PADU Being Used To Monitor All Your Personal Data?!

 

How To Register For Your PADU Account!

It is pretty easy to register for your PADU account, but you will need to at least have a smartphone. Here is the step-by-step process.

Step 1 : Register for a new account at the official PADU website at https://www.padu.gov.my/auth/daftar.

Step 2 : Key in your basic information in the registration form:

  • Nama Penuh / Full Name
  • No. Kad Pengenalan / Identity Card Number
  • Poskod / Postcode
  • No. Telefon Bimbit / Mobile Telephone Number
  • E-mel / Email address

Then click on the Seterusnya / Next button.

Step 3 : The PADU system will send your mobile number a One-Time Password (OTP). Key in the OTP number, and click on the Seterusnya / Next button.

Step 4 : You will now be asked to create a password for your PADU account. Make sure your password meets these minimum requirements:

  • it must have at least 8 characters
  • there must be a combination of capital and small letters
  • you must include at least one special character like @$!%*$?&

Step 5 : Key in the same password to make sure it’s correct. You can click on the eye button to view the password. Then click on the Seterusnya / Next button.

Step 6 : The PADU system will generate a QR code, which changes over time. Open your smartphone camera app, and aim it at the QR code.

Alternatively, you can use a QR code reader on your smartphone to read the generated QR code.

Step 7 : When the link pops-up in your smartphone’s camera app or QR code reader, click on it to launch the e-KYC (electronic Know Your Customer) process.

Step 8 : You will now be asked to take and upload photos of both the front and back of your MyKad identity card.

  • Please make sure you do this in a bright area, as you should not use a flash.
  • You need to avoid glare – light reflecting off the plastic MyKad.
  • You need to make sure the MyKad is within the dotted-line frame, when you take the photos.
  • You also need to make sure the MyKad is in focus when you take the photos.

Note that there is a magnification feature at the upper right corner, that allows you to zoom in at up to 2.5X. This is actually a very useful feature.

After trying it out, I found that the best way to avoid shadows is to use the maximum 2.5X magnification feature to take the photo of the MyKad from a distance.

Reflections on the plastic MyKad is a problem. But you can avoid the glare by taking the photos at a slight angle.

Step 9 : Next, you will be asked to take a selfie using your smartphone, and upload it.

Even though there is the same option to zoom in with a magnification of up to 2.5X, don’t use it. Keep it at 1X.

There is no requirement to take the photo with a white background. You just need to make sure you take the selfie in a bright area, so there is no need to use a flash (to avoid glare).

You will need to make sure your face is within the dotted line frame, before you take the photo. Make sure you are looking forward, with your eyes opened. If you are wearing glasses, please take them off to avoid glare.

Note : Samsung smartphone users may notice that the system hangs with the “Trying to access lens” message. You can either wait a few minutes, or click on the Tukar Lens (Change Lens) option at the top left corner of the screen.

That’s it! After you upload photos of your identity card, and your selfie, you will receive a message stating that PADU will need up to 3 days to verify your identity, and will inform you when your account has been successfully created.

All you need to do is wait for the email or SMS notification. Once you receive the notification, you can proceed to log into your PADU account using the password you registered at https://www.padu.gov.my/.

We hope you found this guide useful. Please SHARE this article with your family and friends!

 

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Support my work through a bank transfer /  PayPal / credit card!

Name : Adrian Wong
Bank Transfer : CIMB 7064555917 (Swift Code : CIBBMYKL)
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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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PADU Central Database Hub : What You Need To Know!

The government just introduced PADU – the Central Database Hub for managing subsidies more effectively in Malaysia! Here is what you need to know…

 

PADU : Malaysia’s Central Database Hub

On Tuesday, 2 January 2024, Malaysia introduced Pangkalan Data Utama (PADU) – the Central Database Hub in English.

Developed in just 7 months, PADU is designed to give the government a better way to distribute subsidies, and make other policy decisions going forward.

The PADU Central Database Hub will combine data from over 400 government agencies, and related organisations. However, it will not include your private banking information.

Here is what you need to know about PADU, and whether you should register for an account.

Recommended : Is PADU Being Used To Monitor All Your Personal Data?!

 

PADU : What you Need To Know

Here is a quick summary of what you need to know about the PADU Central Database Hub:

What Is PADU Used For?

The PADU Central Database Hub consolidates data from government agencies in order to create more accurate household profiles for “the targeted reassignment of subsidies”.

The information stored in the database will be used as a reference to determine how to distribute subsidies, and other government assistance in the future.

Who Controls PADU Data?

Data in the PADU Central Database Hub is managed by the Department of Statistics Malaysia (DoSM).

What Data Is Stored In PADU?

PADU will store nearly 300 types of data from federal government agencies, and will gradually include data from state and local governments. There are currently eight data categories:

  • Basic personal information
  • Address and residential status
  • Education level and field
  • Household information
  • Business or career information
  • Income for the past 12 months
  • Monthly financial commitments
  • Government aid received in the past 12 months

Will PADU Collect Banking Data?

No, the PADU Central Database Hub will not collect banking data, as that is forbidden by the Banking and Financial Institutions Act 1989 (BAFIA).

Who Can Apply For A PADU Account?

PADU is currently open only to Malaysian citizens and permanent residents, who are 18 years and older.

Is It Mandatory To Register For PADU Account?

No, it is not mandatory to register for an account, or update their information in the PADU system.

Recommended : Malaysia Adopts Digital Driving Licence In MyJPJ App!

What If You Don’t Apply For An Account?

The Malaysian government does not actually require you to register for your PADU account, as the Central Database Hub will automatically consolidate your information from multiple agencies.

Refusing to apply for your PADU account will merely mean you may not be able to update or correct the information in the system. This may affect your eligibility for future subsidies or government aid.

Is There A Deadline To Apply For A PADU Account?

The public will allowed to register, check and update their information on PADU, from 2 January until 31 March, 2024.

What Do You Need To Register For A PADU Account?

Registering for a PADU account requires you to have at least a smartphone with Internet connectivity.

The process is straightforward and pretty simple:

  1. Register using your full name, MyKad number, and the postcode. These details must match your MyKad.
  2. Submit your mobile number to receive a One-Time Password (OTP).
  3. After verifying your mobile number, you can create a password for your account.
  4. Then you need to use your smartphone to take photos of the front and back of your MyKad, as well as a selfie.

That’s it! You then have to wait up to three days for your details to be verified. Then you can access your account, and make any necessary changes or corrections.

We will have a comprehensive guide up shortly, so please check back for a link later.

What If You Don’t Have Smartphone Or Internet?

The government will deploy an outreach team to cover locations which lack Internet connectivity.

The government will also open registration counters at selected locations like district offices, federal and state government agencies, as well as Pusat Internet Desa.

You can also register for your account at DoSM state offices, and any Pusat Economy Digital (PEDi) offices.

How Many Times Can You Edit Your Information?

You will have until 31 March 2024 to edit and update information in the PADU Central Database Hub.

In addition to the deadline, it appears that the PADU system will only allow you to make just one submission. That’s it – you can only submit any amendments / changes / updates to your data once.

According to the official website, you will not be allowed to edit your information once you confirm your submission. So please go through your information and make sure they are all correct before you submit it!

What If I Made A Mistake?

According to the official website, after submitting your changes, you will not be allowed to make any further changes until the next update window in the “upcoming phase”.

It is unknown when the next update window, or the “upcoming phase”, is scheduled to occur. So it is best to ensure that all of your PADU data is accurate before submitting.

We hope you found this FAQ useful. Please SHARE this article with your family and friends!

 

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Support my work through a bank transfer /  PayPal / credit card!

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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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2024 Petrol + Diesel Subsidies To Use 3 Methods!

Malaysia is planning to use 3 methods to channel petrol and diesel subsidies in 2024! Here is what we know so far…

 

Malaysia To Use 3 Methods For 2024 Petrol + Diesel Subsidies

On Monday, 6 November 2023, Economy Minister Rafizi Ramli revealed that Malaysia will use three methods to channel petrol and diesel subsidies in 2024, after the government has household income data from the PADU (Pangkalan Data Utama) central database hub that will is expected to be completed in January 2024.

According to Rafizi, the government has identified several ways to channel the petrol and diesel subsidies, but the new system will only be implemented if the cabinet approves the proposal to be presented this month (November).

The coordination of diesel and petrol subsidies is planned for 2024, through the implementation of Padu which is expected to be completed in January next year.

In addition to how the subsidies would be implemented, the engagement plan will be announced after the cabinet’s decision is reached through a proposal that will be presented this month (November).

The plan will be implemented after the cabinet’s decision is reached, in line with the engagement plan (of Padu implementation) which is set to balance the speculative inflation risks.

Recommended : Does Penang Bridge Have A Massive Crack?!

 

2024 Petrol + Diesel Subsidies To Be Based On Net Income

Rafizi said that the three methods will be based on net individual and household income.

  • The first method is based on the individual’s net income, which is the person’s take-home pay, after taxes.
  • The second method is based on the household’s net income through social protection or assistance schemes.
  • The third method is based on a combination of household and individual income, but implemented through a subsidy card.

Firstly, the subsidy provision will be based on an individual’s net income through a social protection scheme, whereas the second method will involve the net income of the households through a combination of social protection and social assistance.

Thirdly, it will be based on both individual and household net income eligibility, where a subsidy card will be implemented. Following this, specific decisions on the methods will be announced based on the specified targets in the future.

Recommended : Traffic Lights Now Have CCTV Cameras To Catch Drivers?!

According to Rafizi, the proposed scheme for 2024 petrol and diesel subsidies was based on a nationwide survey conducted in June, to identify subsidy methods that would be suitable for Malaysians.

The planning for diesel and petrol subsidies has already taken place through several meetings held by the government since May with the Finance Ministry, Domestic and Consumer Affairs Ministry, the Prime Minister’s Economic Planning Unit as well as Bank Negara Malaysia (BNM).

Hence, it can be said that the proposal (for the subsidy rollout) is the result of input provided by the government, economic experts as well as the people.

Apart from that, the cabinet will also establish a communication, engagement and support plan to alleviate the people’s burden, which will be executed as a unified effort by the entire government machinery.

The proposed 2024 petrol and diesel subsidies programme will only involve peninsular Malaysia, with diesel subsidies to be reduced in phases. The reduction in diesel subsidies will not involve Sabah and Sarawak, due to the extensive use of diesel in those two states.

 

Please Support My Work!

Support my work through a bank transfer /  PayPal / credit card!

Name : Adrian Wong
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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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