| Singapore has unveiled a pro-business Budget that
will send the Government into its third deficit in four years.
There is no cut to personal income taxes but
the Government is still trimming corporate taxes and offering more
incentives to lure companies. On the personal front, older Singaporeans
are being given a Medisave top-up.
| Budget Highlights |
| Corporate tax rate lowered from 22% to
20 %. |
| Possible extension of maternity leave. |
| Financial aid for infant care. |
| Tax exemption for individual foreign sourced
income. |
| More Budget highlights >>> |
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