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  | Budget 1998
   
   
 
   
   
   
   
   
 
   
   
   
   
 
   
   
   
   

   

 

  Home > Budget > Archives > 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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