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| Budget 1998
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> Budget 1998
FY1998 Budget
Part I: Review Of The Economy
Economic Performance In 1997
Economic Outlook For 1998
Fiscal Policy
Education
Economic Infrastructure
Defence
Wage Restraint and Skills Upgrading
Local Enterprise Financing Scheme
JTC/HDB Rentals
Government Land Releases
Private Residential Properties
Executive Condominiums
Commercial Space & Hotel Room
Conclusion
Part II: The FY98 Budget
Expenditure Policy
FY98 Expenditure Estimates
Expenditure Priorities
Operating Expenditure
Development Expenditure
Part III Revenue And Tax Changes
Tax Changes For Companies
Tax Incentives to Promote Fund Management
Tax Incentives to Promote the Bond Market
Taxation of Unit Trusts
Tax Exemption Scheme for Syndicated Offshore Credit and Underwriting Facilities
Tax Deduction for General Provisions Made by Banks and Merchant Banks
Extension of Tax Holiday for SIMEX
Extension of Venture Capital Incentives
Transport and Logistics
Tax Incentives for Exhibition Organisers
Approved Cyber-Trader Scheme
One-Year Accelerated Depreciation Allowance for Industrial Noise and Chemical Hazards Control
Tax Changes For Individuals
Income Tax Rebate
Rebates on HDB Service and Conservancy and Rental Charges
Rebates for Revisions in Utilities Rates
Pre-Medisave Top-Up Scheme
Revision of CPF Interest Rates for Special and Retirement Accounts and Voluntary Transfer of CPF Savings from Ordinary Account to Special Account
Other Tax Changes
Property Tax Rebate
Property Tax Exemption for Land Under Development
Stamp Duties
Duties on Cigarettes
Electronic Road Pricing and Vehicle Tax Rationalisation
Conclusion
Annex I
Annex II
Annex III
Annex IV
Last updated on 01 Jun 2004
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