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Budget 2022. Deputy Prime Minister (DPM) and Minister for Finance Lawrence Wong delivered the Singapore Government’s Budget Statement for Financial Year 2022 in Parliament on 18 February 2022. The Charting Our New Way Forward Together Budget presented the Government’s plans in renewing and strengthening Singapore’s social compact for a ...
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Singapore Budget 2022. Budget 2022. Singapore Budget 2021....
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1.6 Spending from the Government Endowment Funds and Trust Funds The total spending from the Government Endowment Funds and Trust Funds is estimated to be $5.2 billion in FY2021. Table 1.3 shows the spending from Government Endowment and Trust Funds. 1.7 Interest Costs and Loan Expenses and Capitalisation of Nationally
Higher personal income tax for top income earners. • From the year of assessment 2024, the top marginal personal income tax (PIT) rate will be raised from 22% to 24%. • The increase in marginal PIT rates affects the top 1.2% among those who pay PIT, with chargeable income of $500,000 and more. They will pay an additional $170 million in tax ...
Feb 18, 2022 · PUBLISHED: FEB 18, 2022. The overall Budget deficit for financial year 2022 is smaller than last year’s revised deficit of $5 billion. For the past three consecutive years, the country has been ...
Feb 17, 2022 · Updated February 17, 2022. SINGAPORE — The 2022 Budget statement will be delivered by Finance Minister Lawrence Wong in Parliament on Feb 18 at 3.30pm. Following an expected S$75 billion deficit ...
Share: Listen. Budget 2022 sets forth a suite of measures to support Singaporeans as we: Build a more vibrant economy that can meet the challenges of the future; Build a future-ready workforce with good jobs and wages; Push forward with our green transition and seize green opportunities; and. Strengthen our social compact so no one is left behind.
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Feb 18, 2022 · Singapore is one of the fastest-ageing nations in the world. Those who are aged 65 and above formed 16 per cent of Singapore's population last year, up from 9 per cent in 2010.