**B40, T15 Fuel Subsidy: Net Income Eligibility**

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Post on Oct 21, 2024

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B40, T15 Fuel Subsidy: Who Qualifies for the Cash Aid?

It's no secret that fuel prices have been on the rise lately. Yikes! 💸 That's why the government rolled out the Targeted Fuel Subsidy (TPS), a program offering cash aid to help folks offset the cost of petrol. But who's actually eligible? It's all about your net income, folks.

The Lowdown on Eligibility

The TPS is designed to help those in the B40 (bottom 40%) income group and T15 (top 15%) income group of motorcycle taxi drivers - they really feel the pinch at the pump! But don't get your hopes up if you're rolling in the dough, because the program is based on net income, not just your total earnings.

Here's the breakdown:

B40: You need to have a net income of RM2,500 or less to qualify. This means your income after taxes, deductions, and expenses like rent and utilities, needs to be below that threshold.

T15 Motorcycle Taxi Drivers: You need to be in the T15 income group and be registered as a motorcycle taxi driver with e-hailing platforms to qualify.

Remember: It's not just about your gross income - the government's using net income, so it's important to be aware of your actual take-home pay.

How Much Cash Aid Can You Get?

The TPS gives you a fixed amount of cash aid every month, based on the type of vehicle you own. Here's the breakdown:

• Motorcycles: RM60 per month
• Cars: RM100 per month

The Bottom Line

The TPS is designed to help those who are really feeling the squeeze from high fuel prices. If you're in the B40 income group or a T15 motorcycle taxi driver, check your net income and see if you're eligible for this cash aid. It can really help make a difference!

Remember: This article is just a guide. It's best to check the official government website for the most up-to-date information.