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Statutory body assures B40 traders who register businesses still get govt aid

5 Jun 2024, 11:29 AM
Statutory body assures B40 traders who register businesses still get govt aid

KOTA BHARU, May 5 — Traders in the B40 group do not need to worry about not receiving government aid as usual should they register their businesses, Companies Commission of Malaysia (SSM) chairman Ahmad Sabki Yusof said.

He said there are B40 entrepreneurs who have not registered their businesses as they were worried they would not receive aid anymore and be subject to taxation.

He said government assistance such as the Rahmah Cash Aid is not subject to business ownership status.

“This myth needs to be dispelled so B40 entrepreneurs will come forward to register their businesses and not be worried about their eligibility for government aid,” he told reporters after officiating the Kelantan Entrepreneur Mentoring Programme 2024 here today.

— Bernama

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