Search the Community
Showing results for tags 'from'.
-
SINGAPORE: From April 1, Singaporeans returning from overseas and tourists can enjoy more Goods and Services Tax (GST) relief. Those who spend more than 48 hours abroad will be able to enjoy GST relief of up to S$600 - double the current amount of S$300. The Singapore Customs said the amount has been revised upwards to keep pace with rising expenditures, and brings the relief amounts closer to international norms. Those who are away from Singapore for less than 48 hours can get GST relief for goods valued up to S$150. Customs will also do away with the age criterion for GST relief claims. Currently, the GST relief depends on the traveller's age, in addition to the time he spends outside Singapore. Those below 18 years old currently claim a lower amount for GST relief. The new GST relief will apply to all travellers, including children, with the exception of pass/permit holders and crew members. All goods brought into Singapore for local use or consumption are subject to GST of seven per cent. To minimise inconvenience to travellers bringing a small amount of goods into Singapore for personal use, they are granted GST relief based on the value of goods they bring in. Such goods include new articles, souvenirs, gifts or food items. The GST relief does not apply to liquor, tobacco products, petroleum and goods imported for commercial purposes. -CNA/ac Currently, no GST relief is given to those, such as day tripper to JB, who usually spent less than 24 hrs away from SG if he is below 18 years old. For day-tripper who are 18 years old & above, gets a GST relief for goods up to S$50. With the new rule to be implemented in Apr, day-tripper to Malaysia/Batam who spent less than 48 hrs away from SG, will get a GST relief for goods up to S$150 regardless of the age. Thus, for a family of 4 on a day trip to JB, the total relief will be S$600, which means a family of 4 can bring back more than RM1400 worth of goods from MY wef 1 Apr. Will this result in Singaporean making more shopping trips across the causeway? And also more traffic jams at the checkpoints? -
A police officer pulls over a speeding car. The officer says,' I clocked you at 80 miles per hour, sir.' The driver says, 'Gee, officer, I had it on cruise control at 60; perhaps your radar gun needs calibrating. ' Not looking up from her knitting the wife says: 'Now don't be silly, dear -- you know that this car doesn't have cruise control.' As the officer writes out the ticket, the driver looks over at his wife and growls, 'Can't you please keep your mouth shut for once !! ?' The wife smiles demurely and says, 'Well dear you should be thankful your radar detector went off when it did or your speed would have been higher.' As the officer makes out the second ticket for the illegal radar detector unit, the man glowers at his wife and says through clenched teeth, 'Woman, can't you keep your mouth shut?' The officer frowns and says, 'And I notice that you're not wearing your seat belt, sir. That's an automatic $75 fine.' The driver says, 'Yeah, well, you see, officer, I had it on, but I took it off when you pulled me over so that I could get my license out of my back pocket.' The wife says, 'Now, dear, you know very well that you didn't have your seat belt on. You never wear your seat belt when you're driving.' And as the police officer is writing out the third ticket, the driver turns to his wife and barks, 'WILL YOU PLEASE SHUT UP??' The officer looks over at the woman and asks, 'Does your husband always talk to you this way, Ma'am?' (I love this part...) 'Only when he's been drinking.'
-
How i wish this wasn't illegal in Singapore to Guy changes Acura to a ferrari Full transformation can be seen here Acura to Ferrari
-
:o Practise defensive driving everyone, drive safe.
-
Bros, any brands to recoomend..thinking of heading down to SLS to buy a IPTV or mediaplayer.. find it more worthwhile than subscribing to cable.. btw this is legal right?
-
" IF YOU CAN SELECT A POPULATION AND THEY'RE EDUCATED AND THEY ARE PROPERLY BROUGHT UP THEN YOU DON'T HAVE TO USE TOO MUCH OF THE STICK BECAUSE THEY WOULD ALREADY HAVE BEEN TRAINED. IT'S LIKE WITH DOGS." LEE KUAN YEW THE MAN AND HIS IDEAS 1997
-
if I'm going away from sat morning to Monday afternoon to Batam, is it worth parking at Harbourfront?
-
http://news.omy.sg/News/Local%2BNews/Story...510-314956.html
-
This thread sure draw all the tiko in [laugh]
-
Developers' bids signal likely dip in home prices 13 March 2012 Straits Times DEVELOPERS here are becoming more cautious with how much money they are willing to pay for private home sites. They seem to be getting more worried that private home prices could fall, perhaps by up to 8 per cent this year, according to a new research report. So they have to factor the potentially lower prices of the homes into their sums when deciding how much to offer for a plot on sale. The BNP Paribas research report analysed about 100 government land sale bids since 2007 up until last month. When developers look at how much to bid for a site, they consider the likely 'break-even' figure. That is, how much they would have to pay for the project, taking into account the cost of building the condo and various other finance, marketing and administration costs. Then, of course, they add a bit on top to make it worth their while, in terms of profits - which means they would offer less for the land than break-even. The report said developers were lowering the figure they are willing to pay for land, as they can no longer feel sure that prevailing home prices will hold up by the time they are likely to sell the project. Starting in mid-2011, the difference between the expected break-even price and current selling prices started to widen to 19.8 per cent, well above the mean of 12.1 per cent, the report said. The mean of 12.1 per cent would tend to represent the profit margin developers have been achieving, on average. This difference of about 8 percentage points is likely to represent developers' efforts to guard against the possibility of future average selling prices heading south. A similar pattern was also observed in the second quarter of 2008, right before home prices tanked, when margin buffers widened in similar fashion, BNP Paribas property analyst Chong Kang Ho noted. The wider spread of bids for each site, which indicates differing views among developers, and the shorter turnaround of launches also reflect concerns of an uncertain outlook in the market, he added. Developers' nervousness is reflected not just in their bid prices, but also in their haste in pushing out new launches. The average turnaround time between securing a site and launching a project has been cut to just eight months for sites awarded in the past two years - down from more than 10 months, generally, for sites awarded in 2009. 'This is despite the trend of bigger land sites being offered, typically associated with longer preparation and approval times for launch,' BNP's Mr Chong said. 'Shorter turnaround launches reflect developers' expectations of a narrower window of opportunity to sell their new launches at higher prices. This is especially true in the light of upcoming supply.' Another likely trend is even more enthusiasm for sites right near MRT stations and retail malls, the report said. Developers feel buyers will go for homes built on these plum sites even if times get a little rough. The Government has ramped up its twice-yearly land sales programme since the second half of 2010 as it sought to stem rising home prices. This led to a record number of 77,089 uncompleted private homes in the pipeline as at the fourth quarter of last year - the highest figure since data was first available in 1999 - according to the Urban Redevelopment Authority. But while recent new sales data has been encouraging, longer-term fundamental concerns remain. The rising number of unsold homes, tighter immigration rules set to dampen demand and more sites on the way have all taken the rosy hue out of the market. BNP's Mr Chong expects it to correct by 5 to 7 per cent. He says the ample loans on offer at low mortgage rates help. But other experts note that lower land prices do not necessarily mean lower home prices as selling prices often depend on market conditions at the time of launch rather than just developers' costs. HSR Property Group special adviser Donald Han said developers, not surprisingly, price projects based on market values at the time they go on sale. 'While developers might price a new project lower than a nearby project to ensure good take-up at its initial launch, prices will not sway far from general market prices even if the land cost was lower,' he added.
-
The Straits Times; Published on Mar 8, 2012 Protect CPF savings from inflation TO ENSURE the adequacy of retirement funds, Central Provident Fund (CPF) members should consider their 'real' returns on CPF savings, after subtracting inflation, which reduces future purchasing power ('CPF Life: Wouldn't the monthly payout be eroded by inflation?' by Mr Christopher Teng; yesterday)[alt link]. The Minimum Sum is adjusted for inflation, yet the Ordinary Account (OA) and Special Account (SA) 'nominal' interest rates are not; and neither, it seems, are the CPF Life payouts, which thus create significant exposure to inflation. For example, if the SA nominal rate is 4 per cent, and inflation is 6 per cent, one loses 2 percentage point purchasing power. From 1995 to 2006, this was not so important because inflation was low, between a negative 0.4 per cent and 2 per cent, averaging 0.87 per cent annually. But from 2007 to last year, inflation rose dramatically - as high as 6.6 per cent (2008) and 5.2 per cent (last year), averaging 3.5 per cent over this five-year period, which is four times higher than that for the 1995-2006 period. So, at a 4 per cent SA rate, the real return from 1995 to 2006 would have averaged 3.13 per cent (4 per cent minus 0.87 per cent), and from 2007 to last year, a low 0.5 per cent (4 per cent minus 3.5 per cent). To demonstrate the magnitude of these real return differences over a career, compound $10,000 annually over a 30-year period. Using a 3.13 per cent real return yields $25,200 after 30 years, while 0.5 per cent correspondingly yields only $11,600. Thus, today's real yields will leave retirees with only half the real purchasing power of the earlier period, and their CPF Life payouts are also exposed to inflation. While future inflation and OA/SA rates are unknown risks, it is clear that inflation can affect retirement purchasing power dramatically. Without inflation indexing, CPF members seem to have no means to maintain purchasing power over the long haul should inflation continue or escalate rapidly. Perhaps returns in CPF retirement accounts should be set at a minimum real yield to factor in inflation. Many countries offer inflation-protected notes and bonds, so this is a mainstream practice. The Government of Singapore Investment Corporation, which invests the CPF capital, has a target long-term real return that takes inflation into account. Factoring inflation protection into the SA rate assures CPF members, who will rely on their retirement savings, that these are protected from the unpredictable ravages of inflation. Michael Dee Copyright -
Any guys bought item >400 SGD from aliexpress online b4?
Relacklabrudder posted a topic in Lite & EZ
do they tax for items higher than $400? how much tax is charged? -
For all to take note -
From CNA: http://www.channelnewsasia.com/stories/sin...1187255/1/.html Increase in allowance for national servicemen from April Posted: 06 March 2012 1236 hrs
-
When I step on the accelerator and leg go there is some popping noise. Any idea why is there a popping noise? There is no engine check light though. Did a search on youtube and other Satria Neos that have after market exhaust seems to have this popping noise as well. Is there a defect or something?
-
Vikram Nair does not intend to engage in debate with TOC SINGAPORE: First it was the socio-political blog, TR Emeritus, now it is The Online Citizen website (TOC). TOC has reported that PAP MP for Sembawang GRC Mr Vikram Nair has floated the possibility of taking legal action against it. It said this arose out of an article written by a TOC contributor, Mr Ng E-jay, on comments Mr Nair made regarding Workers' Party MP Chen Show Mao's suggestion that the government invest in people. According to the TOC posting, Mr Nair has said he does not have any legal plans now. And he hopes not to take legal action but if there is lingering damage he might have to consider it. Mr Nair had said he wants to clear his name. Responding to queries from Channel NewsAsia, Mr Nair reiterated his position that he does not have any legal plans. Mr Nair also said he does not intend to engage in a debate with the TOC on its website. He said this in response to TOC's invitation to him to write to them and state his point of view, which TOC said will be more than happy to carry in full on its website and it will then respond, if necessary. - CNA/ck
-
Should not "profits" go back to taxpayers instead of the government?
-
From ST Forum: http://www.straitstimes.com/STForum/Online...ory_772087.html Calling East Coast Park and vicinity 'home' Published on Mar 1, 2012 I GO for my daily early morning walks to East Coast Park, behind my condominium. Lately, I have noticed an increase in the number of people, especially foreign workers, who sleep on the benches or grass or camp at the beach, especially during weekends or public holidays. During weekends or public holidays, the beach is full of camping foreign workers, some with makeshift cooking facilities. So, I dread going for my walk on Mondays or after a public holiday because the beach is littered with rubbish and leftovers of these campers. I also discovered two people using a bench in the Siglap Park Connector next to Victoria Junior College to sleep, every day for weeks. When I informed the neighbourhood police post that they were making the bench their sleeping place, I was told that they were not doing anything illegal. Yong Lee Sen (Ms)
-
Next release of info is one month away. Here's the estimated monthly quota based on calculations from available data. Cat A: 1210 (up 10%) Cat B: 670 (down 5%) Cat C: 320 (down 34%) Cat D: 800 (up 3%) Cat E: 610 (down 8%) Let's wait and see how accurate is my prediction :)
-
My car was badly damaged by a car while parked by the roadside (hit and run). Do you think the police or insurance will be able to track down the car owner? My repair bill comes to over $4K but fortunately mostly paid by insurance. Still have to pay a lot for the excess. Any similar experience from others? The number is 5710, white car.
-
Anyone encounters this issue before? According to the workshop, the coil might need to wash. Fyi, I have changed my air filter.
-
Anyone encounters this issue before? According to the workshop, the coil might need to wash. Fyi, I have changed my air filter.
-
Helping a friend to ask here. He sign on the dotted line with VGS to buy a VW Jetta recently at 117K. The delivery is only in July 2012. He was driving a OPC car all this while and due to change of job, he will need the use of car at most hours. Hence he thought he needed to buy a car due to such needs. However, after some consideration, he realised that he only need to pay certain sum of $$$ to convert his OPC car to a regular car. And the new purchase of Jetta would require him to fork out a monthly installment of around $1300. Now he came to regret it after signing the dotted line as after doing the maths, he feels converting his car to normal plate would be much easier on the pocket in long run. Hence he is thinking of backing out from the deal. His question is, if he backs out of the deal, is he losing only just the deposit? He is fine to lose only that. However he is worried of some other penalty that maybe involved if he backs out of the deal beside losing the deposit. He is not sure as he did not read the terms and conditions in fine print carefully. I feel that probably only the deposit is going to be forfeited, however, in order to be sure of not giving inaccurate advice, would like to seek the opinion of other bros here who may have some experiece in this or heard of other similar cases themselves (of backing out of a deal). You may ask why he did not do his homework and rushed into the deal somewhat rashly. Well, the SE was an attractive lady, which I guessed you would have figure out the reason why!
-
Me loh , can't sleep at all last night but in office today
-
My friend has a 2007 Toyota Estima 2.4. Whenever, he revs the engine hard, there is a burn smell coming into the cabin. The smell could be from exhaust. He have changed the cabin filter but did not cure this problem. Couldn't see any exhaust leak either. What could be the cause? Anyone with such experience?
