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10 ways to reduce your personal income tax for 2024

After the season of love in February comes a season of dread in March yup, it's tax season. While there's no way to avoid paying personal income taxes, there are ways you can reduce the amount of your precious earnings that you have to cough up. These include tax deductions or reliefs for retirement savings, having kids, taking care.

We paid off our HDB flat loan in cash Here s why we did it

Most people take 20 to 25-year loan tenures to pay off their flat, and they aren't in a rush to do so. We've even encountered financial professionals who counsel against paying off the home loan faster than necessary, as it's not always prudent. However, some flat buyers have stringent principles against debt and high aspirations of private home ownership. This.

6 retirement planning mistakes to avoid

With the many financial obligations that we have, many of us put off planning for retirement, thinking that it is very far away in the future. Yet, retirement planning is crucial to a healthy retirement, especially considering that the rising average life expectancy of Singaporeans will mean that the vast majority of us will have a longer retirement period than.

Budget 2023 debate: Redistributing wealth is a must to avoid emergence of two Singapores , says Pritam

SINGAPORE – Redistribution must be at the core of government policies to avoid the risk of the country being divided into two – one Singapore for the highest earners, and another for the majority of Singaporeans where social mobility is hard to come by, said Leader of the Opposition Pritam Singh. Speaking during the Budget debate on Wednesday, the Workers’.

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