gkp

The government's commitment to help MSMEs continues with the payment of the GKP 4.0 phase two under PEMULIH of RM500, which will be disbursed beginning Nov 23.

Payments for the Prihatin Special Grant (GKP), involving existing and new recipients of GKP 4.0, will have a financial implication of RM500 million to the government.

For micro SMEs which have not received any GKP assistance previously, the registration for GKP 4.0 will be open from July 15-31, 2021.

GKP recipients with "Credit Failure" status are required to update the details of their bank accounts immediately so that payments can be made.

The Prihatin Special Grant (GKP) 3.0, which involves an additional allocation of RM1.2 billion, is expected to benefit nearly 1.2 million local micro small and medium enterprises (SMEs).

Under the KITA PRIHATIN package, new applications and appeals were being perused and cross-checked by the IRB and local authorities.

The allocation for the Prihatin Special Grant (GKP) 2.0 has increased to RM912 million from the initial allocation of RM600 million, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

The government will reopen applications for the Prihatin Special Grant (GKP) from Oct 1 to 31, 2020, with an allocation of about RM600 million.

In a statement today, the Inland Revenue Board (IRB) said the appeal applications would be given due consideration and the outcome of their appeals would be announced from June 22.

Applicants can check on the status of their application beginning today with payments will be made by end of June.

The appeal period is still open until June 15 through the Inland Revenue Board's (IRB) official portal, gkp.hasil.gov.my, he said and added that the IRB has received 81,260 applications for GKP.

Applicants can check whether their Special Prihatin Grant (GKP) application has been approved or not through the official portal of the Inland Revenue Board (IRB) at http://gkp.hasil.gov/my.

Micro Small and Medium Enterprises (SMEs) can check on their application status for the Prihatin Special Grant (GKP) from June 3, 2020 onwards.

The government had allocated RM2.1 billion for GKP, which was opened for applications on May 1 and involved disbursing RM3,000 in grants to active micro small and medium enterprises.

The GKP was created by the government as an initiative to assist all micro SMEs with their cash flow following the implementation of the MCO to curb the spread of COVID-19.

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