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Some firms concerned over higher Local Qualifying Salary

Businesses will have to pay workers higher salaries when the updated Local Qualifying Salary scheme starts in July. They say the move will put a strain on their businesses as they find ways to pay a higher wage. But other companies say they are benefiting from other Budget announcements like the S$1 billion top-up to t

IRAS given greater powers to administer government grants, investigate fraud and abuse

It will now be an offence to interfere with or refuse to comply with IRAS’ investigation of serious grant offences, said Second Minister for Finance Chee Hong Tat.

Budget 2024: Higher co-funding level, income ceiling for Progressive Wage Credit scheme

Changes to Iras(Amendment) Bill grants taxman more powers to administer government grants

It will also empower Iras to investigate fraud and abuse, and to recover grant monies. Read more at straitstimes.com.

More firms look for inflation support, green incentives, SkillsFuture credits in Budget this year: UOB survey

More firms want support to cope with inflation, adopt sustainable practices; higher SkillsFuture credits in Budget 2024: UOB survey

Decoding the Singapore Progressive Wage Credit Scheme: What You Need to Know

Introduction: Today, we are unravelling the puzzles encompassing the Singapore Progressive Wage Credit Scheme (PWCS). If you have been hearing whispers about this plot but have not grasped what it involves, worry not! We are here to break it down for you in plain English. So, let us know about Understanding the Singapore Progressive Wage

Zaqy Mohamad on support for businesses in real wage growth for workers

The Government’s strategy to sustain real income growth is to continue to raise productivity through its Industry Transformation Maps to prepare workers for jobs of the future economy, said Senior Minister of State for Manpower Zaqy Mohamad. Replying to MPs’ questions in Parliament on Tuesday (Nov 7), he said besid

Dentons Rodyk Reporter Issue 03 (2023) | Dentons

Welcome to the 3rd issue of the Dentons Rodyk Reporter in 2023. The Dentons Rodyk Reporter is a compendium of commentaries produced and published by Dentons Rodyk Academy...

Budget 2023: Employment law updates | Dentons

Introduction - On 14 February 2023, deputy prime minister and minister of finance, Lawrence Wong unveiled the 2023 Singapore National Budget (2023 Budget). The 2023 Budge...