UOB's economist Jester Koh predicts Singapore to have a “modest” fiscal deficit of $2.7 billion or 0.4% of GDP in FY2025.

He’s a part of the unity government but that doesn’t stop the MCA president from raising objections to government policies if he believes they might burden the rakyat.

Since its launch in July 2017, the GST regime’s highest monthly intake was recorded in April 2024, when gross receipts were a tad over ₹2.1 lakh crore. After factoring in refunds to taxpayers ...

SINGAPORE: Chinese visitors – courted by many for their tourist dollars – are returning to Singapore, but gone are the large tour groups in chartered buses. Instead, many of the visitors are ...

Delhi High Court held that gold bangles worn by foreigner coming to India being part of personal effects is not required to be declared. Accordingly, seizure of such gold bangles by customs department ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

Li edges Birrell in two tiebreaks to reach Singapore semis ...

Investopedia / Michela Buttignol A generation-skipping trust (GST) is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren.

Celebrate a greener Lunar New Year by recycling and repurposing red packets in Singapore. Learn how to reduce waste while ...

GST compensation cess is a special tax created under the Goods and Services Tax (GST) system in India. It is charged on certain products to help states recover any loss in revenue caused by the GST ...

The government’s major sources of revenue include borrowing and other liabilities (24 per cent), income tax (22 per cent), GST and other indirect taxes (18 per cent), and corporate tax (17 per cent).