What is the advantage of signing for it if one doesn't qualify for any subsidies?
The PADU Thread, Everything related to PADU
The PADU Thread, Everything related to PADU
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Jan 2 2024, 06:30 PM
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What is the advantage of signing for it if one doesn't qualify for any subsidies?
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Jan 2 2024, 07:06 PM
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#2
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QUOTE(bogletails @ Jan 2 2024, 07:03 PM) If working adult living at parent house, parent still working. How much is the household income like that? Then they can say you all are one household, so household income exceed and thus not entitled to subsidies compared to looking at individual income.But the house address is the same in the system |
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Jan 2 2024, 07:24 PM
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QUOTE(bogletails @ Jan 2 2024, 07:14 PM) We are moving towards a nett disposable household income MetricQUOTE Intan said that in the current system, households with different living costs — such as a single-parent household with four children earning RM5,000 a month, and a single adult household with the same income — would be classified as M40 without accounting for their distinct needs. So given the scenario above, when last time both household will get subsidy, now with the info given and ability to track how many people in an household based on address, they can give as per whatever they decide the NDHI is. So I guess yes? The possibility is there in the future? https://www.malaymail.com/news/malaysia/202...subsidies/72331 QUOTE “With Padu, the focus will be on net disposable income. Once we get to that level, we can have a clearer picture about the net disposable income comparability for households. This will allow us to define any government programme and retarget subsidies accordingly,” he said. Here is Rafizi being explicit about PADU's role in driving this. https://www.thestar.com.my/news/nation/2023...ds-through-data This post has been edited by fuzzy: Jan 2 2024, 07:29 PM |
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Jan 2 2024, 08:19 PM
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QUOTE(bogletails @ Jan 2 2024, 07:41 PM) How about renting? If I rent with few person in a house that has no relationship. Obviously rent room only because not doing well financially Obviously not. It's household, so they can trace via relationship. Bapa anak rintik etc.If you and 4 frens rent a place, it's still individual income so household here is just you. But if you stay with your father mother, then household will be 3 of you since related. Subsidy wise, it will depends on what kind and whatever rules the government set based on that household net income lo. They can do per NDHI , individual per NDHI or still just individual income regardless of NDHI. Their aim now is to get and strengthen the data they have, and PADU is a way to do that. |
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Mar 27 2024, 01:46 PM
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QUOTE(theevilman1909 @ Mar 26 2024, 04:27 PM) QUOTE(MUM @ Mar 26 2024, 04:46 PM) Ha ha, just for fun talk. Ha ha T20 qualify bcos they support the economy and the economic systems....by buying alot of things on loans and on credits. Big houses , big cars, all on loan...thus alot of commitments, thus need subsidies to keep the economy growing QUOTE(!@#$%^ @ Mar 26 2024, 08:17 PM) so ridiculous. one earn 15k but go make so many babies, another one earn 15k but make less baby, but only one of them can get subsidy. apa ni. QUOTE(arkasi @ Mar 27 2024, 05:50 AM) Even if t20 can get subsidy. Just remember that b40 will get priority and t20 will be at the end of the line which means chances of getting are practically nil. https://www.thestar.com.my/news/nation/2023...ies-says-rafiziRafizi is desperate to up the numbers so cakap only that t20 maybe can get subsidies based on circumstances like have 8 anak, etc T20 can register but have to be realistic about the chances of getting subsidy especially with the govt having limited funds. That's because government has announced since last year they are moving into a new categorisation manner to determine aid to families: QUOTE "By next year, we will see a transition where the B40 and M40 (categorisations) will gradually be phased out once we roll out a more consolidated social assistance (mechanism) based on net disposable income," the Economy Minister told reporters after launching the People's Income Initiative (IPR) vending machine pilot project at Universiti Malaya Medical Centre on Wednesday (June 14). He said that the new approach would be based on net household disposable income rather than the current static income-based approach under the B40, M40 and T20 categories. But this being Malaysia, there's exactly zero details since on what it actually means to be net household disposable income. Do they take into account car loan, house loans only? How about ah longs, how about handphone, my court mammoths, my next door neighbour loan? If only official big loan items, so can a rich family just bump their EPF contribution up to 90%, so they have zero net disposable income, get the subsidy, then just go withdraw it back to use? Others also complained about this: QUOTE "The interpretation of net disposable income must be clear to everyone, it must be announced. How are the groups that are not employed or are self-employed going to report their income and expenditures? "For those with registered employers, their incomes can be verified. (But) how do we then determine 'fixed commitments'?," he questioned in a statement on his Facebook page yesterday. "I am somewhat concerned here because the 'fixed commitments' vary, according to income classes. For example, housing loans are usually considered 'fixed commitments,' and income affects the loan size. "Does this mean that the higher the income, the greater the 'deduction' one is eligible for? It seems to go back to the same problem; the motor fuel subsidy (B40) vs the luxury car fuel subsidy (T20). The wealthy benefit more," he said. But as usual, the KPI is launching of system, so you get this shoddy thing with no answers. https://www.nst.com.my/news/nation/2024/01/...able-income-say |
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