Budget 2023: Tax on all tobacco products increase by 15%

Find out how much extra revenue will be generated per year from this increased tax 🚬💰

Find out how to get top quality hair transplant at an affordable price. Turkey might be just the right place to go.U.S. military says it recovers key sensors from downed Chinese spy balloon

The U.S. military said on Monday it had recovered critical electronics from the suspected Chinese spy balloon downed by a U.S. fighter jet off South Carolina's coast on Feb. 4, including key sensors presumably used for intelligence gathering. "Crews have been able to recover significant debris from the site, including all of the priority sensor and electronics pieces identified as well as large sections of the structure," the U.S.

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Budget 2023: Savills urges gov’t to loosen ‘15-month wait-out’ policy for HDBAlan Cheong of Savills offers solutions for property challenges in 2023 - Waiving ABSD, removing 15-month waiting period for downsizing, allowing vacancy allowances for property tax cases. Watch the full interview here: SingaporeBusinessReview
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Budget 2023 wishlist: Time to loosen ‘15-month wait-out’ policy for HDB, says Savills expertThe measure was implemented last year in response to soaring demand for HDB. SingaporeBusinessReview
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Budget 2023: Excise duty on all tobacco products go up by 15% to discourage consumptionThe increase in tobacco excise duty is expected to generate about S$100 million in additional revenue per year.
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Budget 2023: Buyers’ stamp duties for property purchases to be raised from Feb 15SINGAPORE - Buyer’s stamp duties (BSD) for higher-value residential and non-residential properties will be raised with effect from Feb 15, Finance Minister Lawrence Wong said in his Budget speech on Tuesday (Feb 14). Read more at straitstimes.com.
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Budget 2023: Expected Budget deficit of $2 billion for 2022, says DPM WongThis expected deficit, which makes up 0.3 per cent of gross domestic product, is accounted for by revenue upside, higher spending. Read more at straitstimes.com.
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Budget 2023: Vehicle tax and COE revenue set to riseA newly announced increase in additional registration fee for higher-end cars will also contribute to this. Read more at straitstimes.com.
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