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 The PADU Thread, Everything related to PADU

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post Feb 17 2024, 01:22 PM

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QUOTE(CommodoreAmiga @ Feb 17 2024, 01:14 PM)
If you are T20 in LHDN, my best guess is no matter how much your expenditure, you won't get anything.

Again, no clear criterias. All depends on what Rafizi says. No transparency.
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never try never know.

personally, i'm not sure why the worry. because for ur own benefit, u should only declare ur income as per income tax; there's no other reason to declare more than ur income tax as it will not help with ur disposable income; even if some worried further checking on ur dividends from stocks etc, does it mean u dun update padu they wun check and vice versa? also unless of course if 'expenditure' is way beyond ur income then should worry.
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post Feb 17 2024, 01:24 PM

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QUOTE(magika @ Feb 17 2024, 01:21 PM)
Thanks. You are the only one here reporting that PADU actually has some financial on you.

So you got hope of getting subsidies  biggrin.gif  maybe STR ?
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definitely not str.

i dun see any problem in declaring my income as per income tax. i also dun see any problem in declaring my loans/expenditure as it helps with the disposable income thing. in the event if any authorities wanna check on u most likely via income tax anyway, regardless ur padu status, i think they can.
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post Feb 17 2024, 01:35 PM

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https://www.thestar.com.my/news/nation/2024...rivacy-concerns

interestingly this. similar sentiments here. and i'm pretty surprised that many ppl think they are not eligible for subsidy and therefore just forgo it quite open-heartedly.
nexona88
post Feb 17 2024, 01:39 PM

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QUOTE(MUM @ Feb 17 2024, 01:18 PM)
Jfyi, my spouse and I had updated it
We got nothing to lose.
We had retired and had no income for years
We had not been receiving any free money from the govt.
We did not get the RM100 Ewallet money, eventhough our ex bosses got it, our friends and relatives who are much richer got it.
We found in PADU, ..they still listed both of us, as "single" n "working".....
We updated those info, with the hope that we will get free money by doing those updates.

BTW, if you had been getting free money previously all these while, .... don't do anything that could potentially jeopardise it.
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Retired & No income for years yet didn't get STR???

u got applied or not first place...

Rifizi did mention.. NO update PADU, they take from existing pool of available data... I bet it's from LHDN & STR / BSH database...

so yes.
you say correctly...
already gotten all those STR... don't bother anymore. already secured...

there's some catch...

say No rental income, but expenditure section go list all those loans payments... really find trouble sweat.gif
magika
post Feb 17 2024, 01:42 PM

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PADU in my opinion is just a financial census. It has nothing to do in giving us subsidies, its just for the goverment to formulate strategies or excuses ( in reducing subsidies) .

Quite a number of people think that by submitting ( low financial data) , PADU will automatically give them direct aid or subsidies. I may be wrong though but that is my read.

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post Feb 17 2024, 01:43 PM

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QUOTE(nexona88 @ Feb 17 2024, 01:39 PM)
I bet it's from LHDN & STR / BSH database...
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correct. that's y ppl should not worry about updating it as per income tax.


QUOTE(nexona88 @ Feb 17 2024, 01:39 PM)
there's some catch...

say No rental income, but expenditure section go list all those loans payments... really find trouble  sweat.gif
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not necessarily all house on loan will be rented out. could be own stay or in fact just vacant. again enforcement.
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post Feb 17 2024, 01:45 PM

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QUOTE(magika @ Feb 17 2024, 01:42 PM)
PADU in my opinion is just a financial census. It has nothing to do in giving us subsidies, its just for the goverment to formulate strategies or excuses ( in reducing subsidies) .

Quite a number of people think that by submitting ( low financial data) , PADU will automatically give them direct aid or subsidies. I may be wrong though but that is my read.
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it's possible. one of the main problem we keep saying is the lack of transparency. also one very good point is no one is bounded by law to do this padu thing, as oppose to income tax i suppose?
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post Feb 17 2024, 01:48 PM

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QUOTE(!@#$%^ @ Feb 17 2024, 01:35 PM)
https://www.thestar.com.my/news/nation/2024...rivacy-concerns

interestingly this. similar sentiments here. and i'm pretty surprised that many ppl think they are not eligible for subsidy and therefore just forgo it quite open-heartedly.
*
Probably, perhaps, ...without the clearly stated that fuel subdidy thing will definitrly be based on PADU and will be surely be implemented by any future governing parties.
Those that think they will not qualified for the fuel subsidies, they will not updates they don't mind missed those subsidies for fear of losing some control.
Updates PADU, next elections winner may just throw away that "school project" and replace with one of their own too.
nexona88
post Feb 17 2024, 01:52 PM

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QUOTE(!@#$%^ @ Feb 17 2024, 01:43 PM)
correct. that's y ppl should not worry about updating it as per income tax.
not necessarily all house on loan will be rented out. could be own stay or in fact just vacant. again enforcement.
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those underdeclared people should be worried about...

you says it's vacant properties.... but in eye of PADU nope tongue.gif

if just 1 property... then should be non issues...

I remember... got case 1 guy have multiple vehicle registered under his name... I think more than 5 or 10... not sure...
what happen is government agencies found out something not right... went to check it out... seems like the guy rent out those vehicle monthly... but didn't declared the income....
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post Feb 17 2024, 01:53 PM

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QUOTE(nexona88 @ Feb 17 2024, 01:39 PM)
Retired & No income for years yet didn't get STR???

u got applied or not first place...

Rifizi did mention.. NO update PADU, they take from existing pool of available data... I bet it's from LHDN & STR / BSH database...

so yes.
you say correctly...
already gotten all those STR... don't bother anymore. already secured...

there's some catch...

say No rental income, but expenditure section go list all those loans payments... really find trouble  sweat.gif
*
I am retired for many years also. Last year i applied for STR biggrin.gif , rejection came back with their checking more detailed than lhdn. Reason is " pembelian kereta melebihi kemampuan B40" ha..ha.. just testing waters as saw quite number of people getting it eventhough they are well off. So moral of the story is dont buy cars, properties in cash, and dont have fds, epf, properties, savings in Malaysia. cool2.gif

This post has been edited by magika: Feb 17 2024, 01:54 PM
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post Feb 17 2024, 01:56 PM

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QUOTE(nexona88 @ Feb 17 2024, 01:39 PM)
Retired & No income for years yet didn't get STR???

u got applied or not first place...
they don't gives reasons to us. Just bank accounts no money from them.
Rifizi did mention.. NO update PADU, they take from existing pool of available data... I bet it's from LHDN & STR / BSH database...

so yes.
you say correctly...
already gotten all those STR... don't bother anymore. already secured...

there's some catch...

say No rental income, but expenditure section go list all those loans payments... really find trouble  sweat.gif
expenditure and lian liabilities are "lump summed"....so that number could be for "own stay" or as holiday home too, thus no rental income.
Rental income data can be obtained from land office and in lhdn

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post Feb 17 2024, 01:56 PM

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QUOTE(magika @ Feb 17 2024, 01:53 PM)
I am retired for many years also. Last year i applied for STR biggrin.gif  , rejection came back with their checking more detailed than lhdn. Reason is " pembelian kereta melebihi kemampuan B40"  ha..ha.. just testing waters as saw quite number of people getting it eventhough they are well off. So moral of the story is dont buy cars, properties in cash, and dont have fds, epf, properties, savings in Malaysia.  cool2.gif
*
unwritten rules? or there's one..
not sure...

don't have multiple cars / big CC motor registered under your name...

and house too.....


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post Feb 17 2024, 01:59 PM

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QUOTE(magika @ Feb 17 2024, 01:53 PM)
I am retired for many years also. Last year i applied for STR biggrin.gif  , rejection came back with their checking more detailed than lhdn. Reason is " pembelian kereta melebihi kemampuan B40"  ha..ha.. just testing waters as saw quite number of people getting it eventhough they are well off. So moral of the story is dont buy cars, properties in cash, and dont have fds, epf, properties, savings in Malaysia.  cool2.gif
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interesting. never really looked into the criteria for STR as i'm 'fortunate' enough not to be in b40 as they put it biggrin.gif
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post Feb 17 2024, 02:00 PM

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QUOTE(nexona88 @ Feb 17 2024, 01:56 PM)
unwritten rules? or there's one..
not sure...

don't have multiple cars / big CC motor registered under your name...

and house too.....
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if that's the case, then these ppl should have the awareness they are not eligible and open-heartedly forgo any subsidy.
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post Feb 17 2024, 02:04 PM

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QUOTE(MUM @ Feb 17 2024, 01:48 PM)
Probably,  perhaps, ...without the clearly stated that fuel subdidy thing will definitrly be based on PADU and will be surely be implemented by any future governing parties.
Those that think they will not qualified for the fuel subsidies, they will not updates they don't mind missed those subsidies for fear of losing some control.
Updates PADU, next elections winner may just throw away that "school project" and replace with one of their own too.
*
Yep. And likely next GE. Wont be this gov already.
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post Feb 17 2024, 02:06 PM

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QUOTE(magika @ Feb 17 2024, 01:53 PM)
I am retired for many years also. Last year i applied for STR biggrin.gif  , rejection came back with their checking more detailed than lhdn. Reason is " pembelian kereta melebihi kemampuan B40"  ha..ha.. just testing waters as saw quite number of people getting it eventhough they are well off. So moral of the story is dont buy cars, properties in cash, and dont have fds, epf, properties, savings in Malaysia.  cool2.gif
*
Wow. Thanks for info. So if suddenly buy even a modest Myvi with cash means i will be stripped off my benefits? WTF. Then i transfer cash to son's account, use son account to buy?
magika
post Feb 17 2024, 02:06 PM

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QUOTE(MUM @ Feb 17 2024, 01:56 PM)

*
Common reason is not submit income tax or income above 100k


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post Feb 17 2024, 02:07 PM

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QUOTE(CommodoreAmiga @ Feb 17 2024, 02:04 PM)
Yep. And likely next GE. Wont be this gov already.
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if the next gov is smart, they should further polish it as the aim is to reduce expenditure on subsidy.

dun do things hastily like using gst as a political tool, and now the country is in a bad shape.
magika
post Feb 17 2024, 02:08 PM

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QUOTE(CommodoreAmiga @ Feb 17 2024, 02:06 PM)
Wow. Thanks for info. So if suddenly buy even a modest Myvi with cash means i will be stripped off my benefits? WTF. Then i transfer cash to son's account, use son account to buy?
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Myvi ok. No higher biggrin.gif
Prefer installment.
U got STR dont buy anything in your name.

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post Feb 17 2024, 02:10 PM

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QUOTE(magika @ Feb 17 2024, 02:08 PM)
Myvi ok. No higher  biggrin.gif
Prefer installment.
U got STR dont buy anything in your name.
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so if one is a retired multimillionaire but no more commitment, they will be eligible for all these goodies? interesting.

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