
Budget 2020: Everything S’pore Startups And SMEs Need To Know
Singapore's Budget 2020 covers a wide range of measures to help employees keep their jobs, and ease employers' cash flow during challenging times.
Singapore's Budget 2020 covers a wide range of measures to help employees keep their jobs, and ease employers' cash flow during challenging times.
Low and middle-income students in polytechnics, ITE and universities can receive up to $200 more in cash bursaries per year.
More Singapore seniors will be eligible to receive quarterly CPF payouts through the Silver Support Scheme, which will be increased by 20%.
The Singapore Government will provide additional help to retain and train 330,000 local workers in tourism, aviation, retail, food and land transport.
With the state of the economy and Singapore's current challenges in consideration, Finance Minister Heng says GST will remain at 7% in 2021.
Singaporeans who wish to share their views ahead of Budget 2020 can submit their feedback online or take part in dialogue sessions until 10 January.