The House of Representatives committee probing the controversial Presidential Foreign Investment Promotion Council (PFIPC) has …
Read More »Singapore tax revenues rise 17%, with over S$80 billion raised
Singapore collected S$80.3 billion (US$61.4 billion) in tax revenue for the 2023/24 financial year, up 17 percent from the previous year. Man walking near the Inland Revenue Authority building in Singapore. (Photo: Gaya Chandramohan) The increase reflects “strong economic growth and nominal wage growth in Singapore in 2022,” the Inland Revenue Authority of Singapore (IRAS) said on Wednesday (Sept …
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