
Finance Minister II Johari Abdul Ghani, in giving this assurance, also denied reports on social media that those registered with the Suruhanjaya Syarikat Malaysia (SSM or Companies Commission of Malaysia) are not eligible for BR1M.
“Anyone registered for BR1M with a household income of less than RM4,000 will get assistance. It does not matter whether they are registered with SSM or not.
“I give my assurance that household income with less than RM4,000 and singles with an income of less than RM2,000 will get BR1M.
“If anyone does not get, I want to know,” he told reporters at the Parliament here today.
Johari said most of the applications that were rejected were due to failure to submit pay slips or bank statements to the Inland Revenue Board (IRB).
Johari said he had informed the IRB to ease the process of applications for BR1M.
“Households earning less than RM4,000 need to be assisted.
“SSM is to encourage more people to venture into business. Just that when applying for BR1M, the application must be accompanied by the payslip or bank statement.
“If they cannot provide both, a copy of the savings account bank book is required.”
He said such documents were necessary to avoid individuals from exploiting the assistance.
“I was informed by IRB that many BR1M recipients actually earned up to RM9,000 a month through their business,” he said.