18 Feb '11, 9am

All Singaporeans to get up to $800 each in cash

A sum $3.4 billion will also be spent on longer-term investments to enhance the well-being of Singaporeans. -- ST PHOTO ILLUSTRATION A TOTAL of $3.2 billion will go into the The Grow And Share package that will benefit more of the middle- and lower-income groups, said Finance Minister Tharman Shanmugaratnam. A sum $3.4 billion will also be spent on longer-term investments to enhance the well-being of Singaporeans. Growth dividends stand at $1.549 billion. Each Singaporean will receive between $100 to $800 in cash, based on assessable income. Annual assessable income/Annual value of home/Growth dividend Up to $30K/up to $7K/$800 $30K-$100K/$7K to $13K/$600 Up to $100K/more than $13K/$300 More than $100K/NA/$100 NSFs/NSmen - plus $100 All things considered, does Budget 2011 meet your expectations? survey software

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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