{"id":38072,"date":"2024-05-29T15:00:57","date_gmt":"2024-05-29T07:00:57","guid":{"rendered":"https:\/\/www.carsome.my\/news\/?p=38072"},"modified":"2024-05-29T15:00:57","modified_gmt":"2024-05-29T07:00:57","slug":"budi-diesel-subsidy-malaysia-2024","status":"publish","type":"post","link":"https:\/\/www.carsome.my\/news\/item\/budi-diesel-subsidy-malaysia-2024","title":{"rendered":"Here\u2019s How You Can Apply For The New Subsidised Diesel Plan via BUDI"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">It\u2019s finally here. The much-awaited fuel subsidy gradual removal begins its baby steps with the blanket subsidy on diesel fuel. This follows Prime Minister Anwar Ibrahim&#8217;s decision on targeted diesel subsidies in Peninsular Malaysia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Malaysians can still enjoy the privileges of subsidized diesel under the Bantual Subsidi Madani (BUDI Madani) program as announced by the Ministry of Finance (MOF).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The BUDI Madani program allows subsidized diesel to be allocated into two categories \u2013 BUDI Individual and BUDI Agri-Komoditi. Here\u2019s how you can qualify for the new diesel subsidy program:\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How To Qualify for BUDI, Malaysia\u2019s Latest Diesel Subsidy Program<\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-38074\" src=\"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/1-4.jpg\" alt=\"Malaysia fuel subsidy, diesel subsidy, BUDI\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/1-4.jpg 1200w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/1-4-300x200.jpg 300w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/1-4-1024x683.jpg 1024w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/1-4-768x512.jpg 768w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/1-4-150x100.jpg 150w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/1-4-696x464.jpg 696w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/1-4-1068x712.jpg 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>As mentioned, BUDI is split into two categories, Individual and Agri-Komoditi. To qualify for BUDI Individual, you must possess the following qualities:<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">BUDI Individual<\/span><\/h3>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-38076\" src=\"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/3-4.jpg\" alt=\"Malaysia fuel subsidy, diesel subsidy, BUDI\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/3-4.jpg 1200w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/3-4-300x200.jpg 300w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/3-4-1024x683.jpg 1024w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/3-4-768x512.jpg 768w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/3-4-150x100.jpg 150w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/3-4-696x464.jpg 696w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/3-4-1068x712.jpg 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Must be a Malaysian citizen<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Owns a non-luxury diesel vehicle\/s under 10 years old with an active road tax.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Have an annual income of RM100,000 or below.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Have a background check with the Inland Revenue Board (IRB)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">On the other hand, to qualify for BUDI Agri-Komoditi, you must fit the following criteria:\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">BUDI Agri-Komoditi<\/span><\/h3>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-38077\" src=\"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/4-4.jpg\" alt=\"Malaysia fuel subsidy, diesel subsidy, BUDI\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/4-4.jpg 1200w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/4-4-300x200.jpg 300w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/4-4-1024x683.jpg 1024w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/4-4-768x512.jpg 768w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/4-4-150x100.jpg 150w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/4-4-696x464.jpg 696w, https:\/\/www.carsome.my\/news\/wp-content\/uploads\/2024\/05\/4-4-1068x712.jpg 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Must be registered farmers or smallholders with relevant agencies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Annual turnover between RM50,000 and RM300,000.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Applications for both BUDI Madani categories will be open starting on 28th May 2024. Both categories will be eligible to receive up to RM200 in diesel subsidies.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Where to Apply For BUDI\u2019s Diesel Subsidy?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To apply for BUDI\u2019s diesel subsidy program, you can register at their website at <\/span><a href=\"https:\/\/budimadani.gov.my\"><span style=\"font-weight: 400;\">https:\/\/budimadani.gov.my<\/span><\/a><span style=\"font-weight: 400;\">. Early bird applications will be expected to receive their first cash assistance by mid-June 2024 if they register before the 3rd of June, 2024.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Subsequent approvals will receive cash assistance within two weeks into the applicant\u2019s bank accounts and BSN branches for non-account holders.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For more information, contact their support helpline at 1-800-88-2747 \/ 03-8882 4565 \/ 03-8882 4566 or email budimadani@treasury.gov.my.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s finally here. The much-awaited fuel subsidy gradual removal begins its baby steps with the blanket subsidy on diesel fuel. This follows Prime Minister Anwar Ibrahim&#8217;s decision on targeted diesel subsidies in Peninsular Malaysia. Malaysians can still enjoy the privileges of subsidized diesel under the Bantual Subsidi Madani (BUDI Madani) program as announced by the [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":38075,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150,52],"tags":[42,73,70,44,103,71],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How To Apply For The New Diesel Subsidy Program, BUDI<\/title>\n<meta name=\"description\" content=\"The diesel subsidy is gone with BUDI taking its place. Here\u2019s how you can still apply for the new diesel subsidy program.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.carsome.my\/news\/item\/budi-diesel-subsidy-malaysia-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How To Apply For The New Diesel Subsidy Program, BUDI\" \/>\n<meta property=\"og:description\" content=\"The diesel subsidy is gone with BUDI taking its place. 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