In his Valentine's Day Budget 2023 speech, Deputy Prime Minister and Finance Minister Lawrence Wong discuss a multitude of issues that are concerning Singaporeans today. He addresses a number of pressing matters, most notably the difficulties that many are facing with the persistently high levels of global inflation, as well as the sky-rocketing prices of HDB flats. Here is a...
There is a CPF monthly salary ceiling for CPF contributions. Currently, both employees and employers contribute a percentage of one's monthly salary towards CPF, capped at the first $6,000 of monthly income.
In order to qualify for these grants, your household income must be $14,000 or less and you cannot own any private property. Under new measures starting Feb 15 2023, this marginal stamp duty has been increased by one per cent to two per cent. Previously, parents received a total of $8,000 in Baby Bonus Cash Gift for their first and second born child each, and $10,000 for their third child and beyond.
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