I received a tweet from my cousin telling me that the Singapore 2011 Budget is out and that as part of the Grow & Share’ Package, Singaporeans are getting a share from the fruits of last year’s exceptional economic growth and yes, that means I get money! lol!
Here are some of the areas where we, as Singaporean individuals, will enjoy the benefit:
- Workfare Special Bonus ($224 million in FY2011, $226 million over 2 years thereafter)
- Personal Income Tax Rebate
- Child Development Credit
- Top up to CPF Medisave Accounts for Seniors (which means mommy will get extra money in her medisave account)
- Growth Dividends (I will get SGD800 big ones.. yihaa!!)
- Utilities-Save and Service and Conservancy Charges Rebates (a savings of SGD360 in household water and electric bill for me)
PS: The amount differ for individuals as it depends on the kind of HDB housing we live in ~ the bigger your apartment is, the lesser you get.
I LOVE LOVE LOVE being a Singaporean.. heheh
Cheerio…
First Two Commenter Gets FCSB Point from LadyJava.
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Mariuca | Foong
