The Inland Revenue Authority of Singapore (IRAS) is already responsible for the administration of enterprise disbursement schemes and has been designated the Centre of Excellence for disbursing broad-based grants to enterprises, said MP Louis Chua. Speaking in Parliament on Friday (Feb 16), he said it is important to e
The Inland Revenue Authority of Singapore (IRAS) will have more powers to effectively disburse grants and mitigate the risks of fraud and abuse. Second Minister for Finance Chee Hong Tat said IRAS has and will continue to play an important role in disbursing grants and supporting Singapore’s enterprises. The proposed
The Inland Revenue Authority of Singapore (Amendment) Bill will allow the recovery of monies that have been given wrongly, create offences for giving false or misleading information and allow the Inland Revenue Authority of Singapore (IRAS) to exercise investigation and enforcement powers, said MP Louis Ng in Parliamen
The Government's assistance schemes during the COVID-19 pandemic kept many businesses afloat and Singaporean workers employed, said MP Don Wee. Speaking in Parliament on Friday (Feb 16), he noted that speed was crucial to prevent the interruption of cash flow for businesses and incomes for workers, as civil servants wo