fbpx
Connect with us

News

Budget 2019: Cars Below 1,500cc & Motorcycles Under 125cc to Get Petrol Subsidies

Published

Budget 2019: Petrol Subsidies Given Out For Cars Below 1,500Cc And Motorcycles Below 125Cc - World Of Buzz 2
Source: Free Coupon

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Good news for car and motorcycle owners! In the Budget 2019 or better known as Belanjawan 2019, Minister of Finance Lim Guan Eng said that the government would be giving out petrol subsidies to certain cars and motorcycles.

Budget 2019: Petrol Subsidies Given Out For Cars Below 1,500Cc And Motorcycles Below 125Cc - World Of Buzz

Source: facebook

This petrol subsidy will be given to private cars below 1,500cc and motorcycles below 125cc. He said that the government would give 30sens per litre of petrol subsidies that would be capped at 100 litres a month for cars and 40 litres for motorcycles. 

Lim added that they will be allocating RM2 billion for this subsidy, which would start approximately in the second quarter of 2020. It was reported that as many as four million private car owners and 2.6 million motorcycle owners will be able to enjoy this benefit. It was also noted that this would be applicable for car owners who had only one car below 1,500cc.

Stay tuned for more updates!

 

Also read: Budget 2019: Spotify, Netflix, Steam & Other Online Services to Be Taxed Starting 2020

Budget 2019: Spotify, Steam & Netflix Will Be Taxed Starting 2020 - World Of Buzz 1


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Khairy Surprise Visit To Kajang Khairy Surprise Visit To Kajang
News15 hours ago

Health Minister Makes Surprise Visit To Kajang Hospital In Plain Clothes & Without Any Entourage

Malaysian Minister of Health, YB Khairy Jamaluddin paid a surprise visit to Kajang Hospital, today. Photos of the surprise visit...

Picture 1 1 Picture 1 1
News23 hours ago

HK Chef Walks Away With New RM 5.7 Million Apartment After Winning Covid-19 Vaccine Lottery!

A 35-year-old chef in Hong Kong was announced as the winner of a flat worth HK$ 10.8 million (RM 5.7...

Picture 1 Picture 1
News24 hours ago

Tapah School Teacher Charged For Allegedly Committing 32 Counts Of Sexual Acts On His Male Students

A teacher of a secondary school in Tapah pleaded not guilty at the Sessions Court here yesterday to 32 charges...

My Post 2021 09 17T142310.254 1 My Post 2021 09 17T142310.254 1
News2 days ago

Around 1,733 LGBTQ Malaysians Have Been Sent To Religious Camps To Be ‘Nurtured’ As Of June 2021

Malaysia has always had rather strict views on the matters of the LGBTQ community. So much so, that the Malaysian...

Collage 26 Collage 26
News2 days ago

5 Tourists Test Positive For Covid-19 in Langkawi On First Day Of Govt’s Tourism Bubble Pilot Project

Yesterday (16 September), a total number of 3,200 tourists stepped foot in Langkawi after the island finally opened its doors...

Ft Divorce Ft Divorce
News2 days ago

PM: Almost 78,000 Couples Nationwide Have Divorced Since The Start Of The Pandemic in 2020

The Covid-19 pandemic has certainly created a range of hardships that people have had to endure. One of the most...

My Post 2021 09 16T173600.630 My Post 2021 09 16T173600.630
News3 days ago

3,200 Tourists Arrived In Langkawi On 16 Sept, The First Day Of The Tourism Bubble Pilot Project

Today marks the first day that tourists are allowed to travel to Langkawi in the government’s Langkawi Tourism Bubble Pilot...

Zumba Zumba
News3 days ago

Physical Contact Sports Allowed In Klang Valley For Fully Vaccinated Individuals Starting 17 Sept

Prime Minister Datuk Seri Ismail Sabri Yaakob announced yesterday (15 September) that physical sports and recreational activities are now allowed...

Announcement

Latest Videos



TRENDING TODAY