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
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 businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
More firms look for inflation support, green incentives, SkillsFuture credits in Budget this year: UOB survey businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.