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Budget 2023: RM500 For Individuals With Less Than RM10k In Their KWSP Account 1

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Source: PARLIMEN MALAYSIA | YouTube

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During the presentation of the Belanjawan 2023 initiative, Prime Minister and Finance Minister Dato’ Seri Anwar Ibrahim announced savings contributions of RM1 billion that will benefit 2 million Malaysians.

Those eligible must be aged 40 to 54-years-old, with a savings of less than RM10,000 in their KWSP account 1.

Budget 5

Each individual is believed to receive RM500.

Do stay tuned for more updates.

 

Also read: Budget 2023: M40 Individual Income Tax Rate Has Been Reduced By 2%!

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