RadX Moderator January 5, 2014 Share January 5, 2014 It's that time of year again folks! Yours truly will be giving updates on the fly with the limpei comments. This yr is slated to be 21 Feb 2014. Friday, 3pm. Botak will have his head Klasse-ed again for the event. Stay tuned. Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam will deliver the Budget Statement for Financial Year 2014 on February 21. PHOTOS Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam (Photo: Ministry of Finance) ENLARGE CAPTION SINGAPORE: Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam will deliver the Budget Statement for Financial Year 2014 on February 21. His speech will be webcast 'live' at the Singapore Budget website. A ministry statement on Sunday said the Budget Statement will also be uploaded at the website after the speech. For those on the go, the Budget 2014 Mobile App will be released next month. The mobile app will allow subscribers to listen and view the budget speech 'live'. It will also provide access to news releases and real-time announcements, video clips, the Budget Quiz and an email subscription for the full Budget Statement. Those who wish to receive the Budget Statement via email after the speech can subscribe to a mailing list at the budget website from 21 January 2014 till 20 February 2014. The ministry also called on members to continue sending in their views and suggestions for the new budget ahead of Budget Day. They can do so till 29 January 2014. Following the budget speech, the public can submit feedback on the measures to be introduced through various new media and conventional channels:- REACH Budget microsite- REACH Singapore Facebook- REACH Singapore Twitter (#SGBudget)- Singapore Budget website- Email ([email protected])- REACH Toll-Free Hotline at 1800-353-5555- by SMS to 9-SPEAK-UP (9-77325-87)- by mail to REACH, 140 Hill Street, #01-01A, Old Hill Street Police Station, Singapore 179369 - CNA/de ↡ Advertisement 3 Link to post Share on other sites More sharing options...
Wt_know Supersonic January 5, 2014 Share January 5, 2014 (edited) save the hassle and just tell us got freebies or not? lol Edited January 5, 2014 by Wt_know 2 Link to post Share on other sites More sharing options...
RadX Moderator January 6, 2014 Author Share January 6, 2014 save the hassle and just tell us got freebies or not? lol knn..u think i got inside info now?? lol...... freebie, shd have lah, from what I see accdg to the recent report card. A dose of 'memory forgetting' medicine helps and goes a long way, up to 2015 at least, before the next dose? Link to post Share on other sites More sharing options...
Wt_know Supersonic January 6, 2014 Share January 6, 2014 (edited) no la ... wait for your "realtime" commentating during budget day just like last year .... always plan on a fri so that sat and sun got plenty of airtime on ST to sink in the ideas since Mr Tharman is reappointed chairman of IMF policy steering committee ... perhaps he has 20/20 hindsight of the world financial situation heading to ... huat ah knn..u think i got inside info now?? lol...... freebie, shd have lah, from what I see accdg to the recent report card. A dose of 'memory forgetting' medicine helps and goes a long way, up to 2015 at least, before the next dose? Edited January 6, 2014 by Wt_know Link to post Share on other sites More sharing options...
Watwheels Supersonic January 6, 2014 Share January 6, 2014 How time flies? It has been a year already. And it's that time of the year to see that shiny botak head make the budget announcement. Link to post Share on other sites More sharing options...
Picnic06-Biante15 Supersonic January 6, 2014 Share January 6, 2014 Cig & liquor taxes sure goes up .......... Link to post Share on other sites More sharing options...
Kangadrool Supersonic January 6, 2014 Share January 6, 2014 Cig & liquor taxes sure goes up .......... Every year up..... got limits also mah. Maybe they implement new massage parlour tax neh since so many mushroom up everywhere? Link to post Share on other sites More sharing options...
SuPerBoRed Twincharged January 6, 2014 Share January 6, 2014 save the hassle and just tell us got freebies or not? lol For sure have.. but guess wat? you paid for it... 1 Link to post Share on other sites More sharing options...
Vid Hypersonic January 6, 2014 Share January 6, 2014 Give freebies then GST goes up to 10% to help the "poor" [bounce1] 1 Link to post Share on other sites More sharing options...
Mustank Hypersonic January 6, 2014 Share January 6, 2014 save the hassle and just tell us got freebies or not? lol Taxes must rise for social spending to increase: Ng Eng Hen The money needed for increased social spending can only come from higher taxes, says Defence Minister Ng Eng Hen, reiterating a point made recently by Prime Minister Lee Hsien Loong. Speaking on the sidelines of a forum on the prime minister’s National Day Rally speech on Thursday evening, Ng said Singapore’s ageing population necessitates higher social spending by the government. He noted that by 2025, there will be roughly two to three working adults for every elderly person in Singapore. The Ministry for Community Development, Youth and Sports also estimates that by 2030, elderly people aged 65 and above will form almost one-quarter of Singapore's citizen population. “Our society is ageing, we will have more aged people, and we want to take better care of the disadvantaged and disabled,” he told reporters. “Just by numbers alone, even if you spend the same amount, social spending has to increase.” Responding to a question posed in the forum and addressing an audience of about 200, Ng said, “If you want more social spending, you have to find the money only from taxes.” Lee had said in his speech on Sunday that taxes would have to be raised within the next two decades to fund higher social spending. He also explained that, though people have said the government could rely on reserves to finance the increase, it has already in a way been doing so through the use of returns from investing the reserves. When asked by a forum participant about the possibility of using budget surpluses to fund the nation’s increments in social spending, Ng pointed out that the government does not have surpluses, noting that PM Lee had even mentioned in his rally that it took out S$8 billion from Singapore’s reserves in the last financial year. “If our economy grows, if the size of the economy grows and revenues come in, then perhaps we don’t. But as you know, we have some limits of growth in terms of labour and our land, so our economy is projected to grow one to three per cent,” Ng added. “But these are issues I think that are best dealt with when we need to, it’s just that we first have to determine the national conversation — how do we better take care of the disadvantaged groups... and then decide from there how much, what we need, what we can afford and how (we can) husband our resources to take better care of them. I think that’s a better conversation." Give freebies then GST goes up to 10% to help the "poor" [bounce1] mce cost 5b be prepared to give a little more Link to post Share on other sites More sharing options...
Picnic06-Biante15 Supersonic January 6, 2014 Share January 6, 2014 Taxes must rise for social spending to increase: Ng Eng Hen The money needed for increased social spending can only come from higher taxes, says Defence Minister Ng Eng Hen, reiterating a point made recently by Prime Minister Lee Hsien Loong. Speaking on the sidelines of a forum on the prime minister’s National Day Rally speech on Thursday evening, Ng said Singapore’s ageing population necessitates higher social spending by the government. He noted that by 2025, there will be roughly two to three working adults for every elderly person in Singapore. The Ministry for Community Development, Youth and Sports also estimates that by 2030, elderly people aged 65 and above will form almost one-quarter of Singapore's citizen population. “Our society is ageing, we will have more aged people, and we want to take better care of the disadvantaged and disabled,” he told reporters. “Just by numbers alone, even if you spend the same amount, social spending has to increase.” Responding to a question posed in the forum and addressing an audience of about 200, Ng said, “If you want more social spending, you have to find the money only from taxes.” Lee had said in his speech on Sunday that taxes would have to be raised within the next two decades to fund higher social spending. He also explained that, though people have said the government could rely on reserves to finance the increase, it has already in a way been doing so through the use of returns from investing the reserves. When asked by a forum participant about the possibility of using budget surpluses to fund the nation’s increments in social spending, Ng pointed out that the government does not have surpluses, noting that PM Lee had even mentioned in his rally that it took out S$8 billion from Singapore’s reserves in the last financial year. “If our economy grows, if the size of the economy grows and revenues come in, then perhaps we don’t. But as you know, we have some limits of growth in terms of labour and our land, so our economy is projected to grow one to three per cent,” Ng added. “But these are issues I think that are best dealt with when we need to, it’s just that we first have to determine the national conversation — how do we better take care of the disadvantaged groups... and then decide from there how much, what we need, what we can afford and how (we can) husband our resources to take better care of them. I think that’s a better conversation." mce cost 5b be prepared to give a little more errrrr.......... its 4.3b not 5b cos 700million more is a lot of money can buy Stamford Hotel who going to be sold for $466 million .... Link to post Share on other sites More sharing options...
Baal Supersonic January 6, 2014 Share January 6, 2014 Cig & liquor taxes sure goes up .......... esp for liquor, they may just leverage off the LI incident. Link to post Share on other sites More sharing options...
Wt_know Supersonic January 6, 2014 Share January 6, 2014 (edited) another legendary quote "all good things have to be paid for" ... wahahaha give you 50cents take back $1 ... jin ho jiak Edited January 6, 2014 by Wt_know 1 Link to post Share on other sites More sharing options...
Myxilplix Turbocharged January 6, 2014 Share January 6, 2014 mce cost 5b be prepared to give a little more STAND UP, STAND UP FOR SINGAPORRRREEEEEE~ Link to post Share on other sites More sharing options...
Ender Hypersonic January 6, 2014 Share January 6, 2014 Seeing his shiny head on TV, reminds me of this song, Link to post Share on other sites More sharing options...
Watwheels Supersonic January 6, 2014 Share January 6, 2014 Hopefully this year's budget announcement is short and sweet. 1 Link to post Share on other sites More sharing options...
SonOfPonzi Clutched January 6, 2014 Share January 6, 2014 we just blow 4.3billion on MCE leh say need to recoup from somewhere (our pockets) Link to post Share on other sites More sharing options...
Mustank Hypersonic January 6, 2014 Share January 6, 2014 Hopefully this year's budget announcement is short and sweet. this year nobody want to hear bald guy talk 2016, everybody want to hear him talk ↡ Advertisement Link to post Share on other sites More sharing options...
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