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A reader alerted me to this: Berita Harian reported today that since 2005 a total of 1,350 HDB flats have been “returned” due to “problems meeting payments.” (As I do not understand Behasa Melayu, the above words in quotes are taken from Google Translate. Please let me know immediately if the translation is completely wrong.) [...]
To taxpayers with kids: Do you know that the Qualifying Child Relief has been doubled to $4,000 this year? The Working Mother Child Relief has also been significantly increased – it’s tripled for the first child! More importantly, do you know what’s the best way to split the QCR? As stated in the IRAS web [...]
Time to file tax again. This is the Income Tax Calculator for Year of Assessment 2009. Just enter your chargeable income (i.e. assessable income minus all applicable reliefs): Like last year, there’s also a special 20% tax rebate for Singaporeans and PRs this time round, as announced in the Budget. Reference: Tax rates are obtained [...]
Read the full article at Calculate Income Tax 2009In a rather critical article, the Wall Street Journal says our export-driven economy is “falling on its face” and the growth model which our government has embarked on “needs rethinking.” The main criticisms seem to be our low consumption, the government’s risky bets on certain industries, and our over-reliance on the government: “Singapore’s economy would [...]
Read the full article at Singapore’s Growth Model Needs RethinkingMinister in charge of civil service, Teo Chee Hean, censured Tan Yong Soon in parliament for his boastful article (see perm sec flaunts wealth), saying it “showed a lack of sensitivity and was ill-judged.” “The Head of Civil Service has spoken to Mr Tan about this to make these points, and asked Mr Tan to [...]
Read the full article at Million Dollar Civil Servant Censured in ParliamentIt will be the first time in history if our reserves are tapped to save Singapore from the rapidly worsening economy. I think it’s a major cause for concern, not because tapping the reserves sets a precedence – our government is well known for setting up safeguards to prevent future abuse – but because our [...]
Read the full article at Economy in such Bad Shape that Our $250 Billion Reserves may be TappedHave you been getting expensive supplements from the local pharmacies? There’s a way to save a lot of money. I highly recommend www.iHerb.com. Use this coupon code FIR471 to save an additional $5 USD off your first purchase. (To enjoy the discount, simply enter the code at the checkout screen.) Don’t be fooled by the [...]
Read the full article at Save A LOT on your VitaminsThanks to a comment from “Passerby” on my previous post on SingTel’s unfair tactic, I now believe – though I’m not a lawyer – that SingTel has violated the Telecommunications Act’s Code of Practice for Provision of Premium Rate Services, which states: “2.3.1 No premium rate service provider shall engage in the practice of providing [...]
Read the full article at SingTel Violated IDA Code and Destroyed My TrustI thought it’s always safe to delete those <ADV> SMSes without reading them… until I received this unpleasant surprise from Singtel: “<Singtel ADV>U have been selected to enjoy 30 days FREE trial for Colour-Me-Tones. SingTel’s ‘Friends’ will replace your standard connecting tone on 10 Dec. To opt out of trial, SMS ‘NO’ to 741490 by [...]
Read the full article at Beware of Singtel’s unfair offer “forced” upon you via SMSAs the economic crisis worsens, here’s a note of caution to those who have taken a non-HDB property loan, or intend to take up one: Your friendly bank may invoke a margin call on your property loan. If your property is worth less than what you still owe the bank, you may be asked to [...]
Read the full article at Margin Call on your Housing Loan
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