Thursday, June 5, 2008

Fuel price hike:Subsidy still in force



-To cushion the price increase, cash rebates will be given to owners of cars and motorcycles, based on engine capacity, through post offices from July 1.
-These rebates will be given to owners of vehicles with road tax renewed between April 1 this year and March 31 next year.

-Annual cash rebate of RM625 for owners of private vehicles with an engine capacity of up to 2,000cc, and pick-up trucks and jeeps up to 2,500cc

-Annual cash rebate of RM150 for owners of motorcycles with a 250cc engine or less

-Road tax discount of RM200 for owners of private vehicles with engine capacities above 2,000cc

-RM50 road tax discount for motorcycles with engines above 250cc

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