Budget 2024: Rate of Rahmah cash aid increased, says PM

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Budget 2024: Rate of Rahmah cash aid increased, says PM
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KUALA LUMPUR: A number of taxation reform measures will be implemented next year to expand the country's revenue base and at the same time not burden the majority of the people.

KUALA LUMPUR: The maximum rate for Rahmah cash aid will be raised to RM3,700 next year from the previous RM3,100, says Prime Minister Datuk Seri Anwar Ibrahim.

"The first payment of Rahmah cash aid for households, which is normally a maximum of RM300, will be increased to RM500 next year. It will be distributed before Ramadan. Anwar said the funds are part of the RM58.1bil allocated for various forms of government grants to the people, including subsidies, incentives and assistance.

According to Anwar, the government has also allocated RM200 million to continue the implementation of Payung Rahmah, including the implementation of Rahmah Sales and Pasar Rahmah, which provide incentives to 1.2 million wholesale market, pasar malam and pasar tani operators.

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