Via CNA, The Income Tax Act has been amended and enhanced to better help Singapore achieve economic and social objectives. The key takeaway are: Qualifying Child Relief will be doubled to S$4,000. Handicapped Child Relief will be raised to S$5,500. Working mothers will also be able to claim up to 100% of earned income for [...]
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The Government will enhance the Marriage & Parenthood Package as announced by Prime Minister Lee Hsien Loong at the National Day Rally on 17 Aug 2008. The enhanced Package seeks to provide more broad-based support for couples to get married and to raise and care for their children.
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