Singapore Budget 2015 - #2
- Details
- Category: Singapore News
Singapore has embarked on new directions for the future. As PM Lee stated in his New Year Message, we are making fundamental policy shifts to give Singaporeans greater assurance at each stage of life, more opportunities, and a better home for all.
We build on the transformations of our first fifty years. Decade by decade, we competed for our place in the world against much larger countries, and uplifted the quality of life for all Singaporeans.
Our economy and jobs have seen a complete makeover, shifting from labour-intensive industries to advanced and sophisticated manufacturing. Services have also emerged as a major engine of enterprise and jobs. Our home-grown enterprises have made their names known around the world as well.
Source: MOF #SGBudget2015
Singapore Budget 2015 - #1
- Details
- Category: Singapore News
A Budget deficit of $0.1B is expected for FY2014, smaller than estimated ($1.2B) mainly due to increase in motor-related revenues. Singapore’s GDP growth is expected to remain between 2% to 4% with CPI inflation expecting to remain flat in 2015. Over the past five years, median income grew by a total of 11% after adjusting for inflation. Meanwhile, median household incomes grew at 18%.
Source: MOF #SGBudget2015
CPF SAVINGS CANNOT BE USED TO PURCHASE SECURITIES ON SGX WATCH-LIST WITH EFFECT FROM 1 MARCH 2016
- Details
- Category: Singapore News
Companies under Singapore Exchange’s (SGX) existing rules are subject to delisting if they fail to exit the SGX watch-list. Therefore, CPF savings under the CPF Investment Scheme (CPFIS) will not be allowed to purchase securities on the SGX watch-list. This will take effect from 1 March 2016.
IRAS: e-Submission of Employment Income
- Details
- Category: Singapore News
From Year of Assessment 2015, employers with 12 or more employees or who have received the "Notice to File Employment Income Of Employees Electronically" are required to participate in the AIS under S68(2) of the Income Tax Act.
2015 Budget Statement to be delivered on 23 February 2015
- Details
- Category: Singapore News
Deputy Prime Minister and Minister for Finance, Mr Tharman Shanmugaratnam, will deliver the FY2015 Budget Statement in Parliament on Monday, 23 February 2015.
There will be ‘live’ television and radio coverage of the Budget Statement. A 'live' webcast of the delivery of the Budget Statement will be available as well at the Singapore Budget website (http://www.singaporebudget.gov.sg). The Budget Statement will be uploaded on the Singapore Budget website after the speech has been delivered.
