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Live updates: Singapore Budget 2024

Stay tuned to this page for key updates as unveiled in the Budget, and to our daily e-Bulletin for the full post-Budget highlights following the statement. ....

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Income tax relief: Medical cost doubles in 5 years, will Budget 2024 increase Section 80D limit for health insurance?

Budget 2024: The cost of treatment for common ailments that require hospitalisation has more than doubled in five years. A Rs-10-lakh health insurance, which could cover a family of three to five years back, is not adequate to take care of the medical needs now. The tax deduction limit of Rs 25,000 will not typically cover the premium of a health insurance cover of Rs 20 lakh for a family of two or more today. The insurance industry wants Budget 2024 to hike the limit of Section 80D. This move will enhance affordability and motivate individuals to prioritise their familys health. Know what insurance industry wants from Finance Minister Niramala Sitharaman in Budget 2024. ....

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Budget 2024: Sarawak premier hopes significant provisions for state to foster growth

KUCHING, Oct 13 Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Openg hopes the Budget 2024, set to be tabled in Parliament by Prime Minister Datuk Seri Anwar Ibrahim. ....

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