Download this page in PDF Budget 2024 headlines (PDF, 210KB) Opens in a new window More in Tax View by Taxcategory Budget 2024 Tax insights for you and your business
5 MBPDF A surplus is forecast for the 2023–24 financial year, before the budget balance returns to deficit in 2024–25 and beyond. Although a surplus of $9.3 billion in 2023–24 is now expected – revised up from a $1.1 billion deficit forecast just six months ago – the budget bottom...
Subject Singapore tax alerts Categories Tax update Jurisdictions Singapore Show resources Singapore Budget 2024 News Alert (PDF) Download 448 KB This alert highlights the key tax and non-tax measures impacting businesses. The Singapore economy grew 1.1% in 2023, slowing from the 3.8% expansion...
Indian Union Budget is being declared on 28thFebruary, 2015. Indian citizens expect a hike in income tax limit from last year figure, based on inflation rate of 2014-15 and other parameters. What would be the rate of increase in limit of income tax slab during forthcoming financial year 2015...
1 Ministry of Trade and Industry, https://www.mti.gov.sg/-/media/MTI/Resources/Economic-Survey-of Singapore/2023/Economic-Survey-of-Singapore-Second-Quarter-2023/PR_2Q2023.pdf, accessed on 14 September 2023 Budget Proposals 2024 3 Goods and services tax rules pertaining to traders of Digital...
Taxing a US shareholder's entire net CFC tested income by eliminating the exemption for qualified business asset investments (effective for tax years beginning after 31 December 2023) Decreasing the global minimum tax inclusion under Section 250 to 25%, which would increase the GILTI rate to 21%...
Without the exception, profits embedded in the CSM would be deferred for income tax purposes and gradually released into income over the estimated life of the insurance contracts. These measures would apply as of January 1, 2023. Budget 2022 introduces a specific rule to deal with certain tax ...
October 25, 2024 India’s Business Activity Accelerates in October, PMI Reports October 24, 2024 Reason Why NRIs are Investing Big in the Indian Economy October 23, 2024 Karnataka Reports 10.2% GSDP Growth for 2023-24 October 22, 2024 Direct Tax-GDP Ratio Grows Times Two for FY 2024-25 ...
"The GST remains a more viable and sustainable option, and should it be reintroduced, there will be room for the government to cut personal and corporate income tax rates, which is a welcome move that will put us on par with neighbouring countries in the region," she noted. Click here ...
In February this year, a report from the Auditor General found that passport delivery times had spiralled, while the process itself had “not been efficient”, with a quarter of applications from May 2022 taking longer than six weeks.