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    Budget 2011

    Scheduled Pinned Locked Moved Money Matters
    83 Posts 34 Posters 30.8k Views 1 Watching
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    • tankeeT Offline
      tankee
      last edited by

      Happy Mama:
      LKVM:

      [quote=\"verykiasu2010\"]will they refund the TV & radio license just paid ?


      Maybe not.. since it will be applicable from today I think so 😛

      Wa, then I \"rugi\" la.. I just renewed my car road tax for 6 months! 😢[/quote]got refund lah :celebrate:

      1 Reply Last reply Reply Quote 0
      • H Offline
        Happy Mama
        last edited by

        tankee:
        Happy Mama:

        [quote=\"LKVM\"]
        Maybe not.. since it will be applicable from today I think so 😛

        Wa, then I \"rugi\" la.. I just renewed my car road tax for 6 months! 😢

        got refund lah :celebrate:[/quote]wa, phew! thanks!

        1 Reply Last reply Reply Quote 0
        • W Offline
          Way2GO
          last edited by

          Finally, TV n radio licence fees are removed! Hooray.

          It took so....oooo long for d gahmen since d emergence
          of d internet age n technological advances to finally throw out
          dis farcical fees levied to increase gahmen’s revenue.
          One has to ask why it took so long.
          IMHO, it can only be an election year goodie to sweeten d ground.

          Is increasing FW levies and CPF contribution REALLY beneficial to Singaporeans?
          Increasing FW levies drive up the cost of doing business.
          Ultimately these cost increases are passed on to the Singapore consumers
          while the levies go into gahmen’s coffers. How does this actually help Singaporeans?
          Historically, employers reduce salaries and benefits of FWs to counter
          increases in levies, which in turn suppress the wages of Singaporeans
          seeking employment in the same line of work.
          The ‘restoring’ of employer’s CPF contribution by another 0.5%
          goes into d Special Account, not d Ordinary Account (as was previously bf d reduction).
          Money in d Special Account is almost untouchable, and d draw down age will eventually extended to 67?
          Employees will take home less pay when the CPF ceiling is raised to $5K.
          How does this help in a rising inflation environment for the average Singaporean?

          1 Reply Last reply Reply Quote 0
          • V Offline
            vlim
            last edited by

            I had someone saying to rely more on machinery then on foreign workers...Talk so easy mah.....it doesn't apply to all trade... 😐

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            • W Offline
              Way2GO
              last edited by

              One-off subsidy for hiring low-wage older workers.

              I had to say something when I saw Jeremy Au Yong’s ST article today
              in which he wrote “ ...employers who hire low-income older workers will get
              generous wage subsidies from the government.”
              I take issue with his choice of word \"generous\"!
              What he conveniently left out in d entire article is dat d employers’ CPF contribution
              currently for workers over 50 is 8.5% and 6% for those aged 60 n above.
              Spread over 3 years, d contribution from the gahmen is under 2% each year.
              Would you consider dat generous?
              Is dat amount enuf to tip d employers in favour of hiring older workers?
              What if after three years, dis scheme is dropped?
              Will employers continue to hire older workers?

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              • W Offline
                Way2GO
                last edited by

                vlim:
                I had someone saying to rely more on machinery then on foreign workers...Talk so easy mah.....it doesn't apply to all trade... 😐

                How true.
                Would u fancy being served by robots in a restaurant?

                Besides d service industry, many other jobs require human intervention.

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                • janet88J Offline
                  janet88
                  last edited by

                  Way2GO:
                  Finally, TV n radio licence fees are removed! Hooray.

                  It took so....oooo long for d gahmen since d emergence
                  of d internet age n technological advances to finally throw out
                  dis farcical fees levied to increase gahmen’s revenue.
                  One has to ask why it took so long.
                  IMHO, it can only be an election year goodie to sweeten d ground.
                  The gahmen sees stronger competition in coming election...so sweeten the ground even more in the hope that you know what to do lah.

                  1 Reply Last reply Reply Quote 0
                  • W Offline
                    Way2GO
                    last edited by

                    janet_lee88:


                    The gahmen sees stronger competition in coming election...so sweeten the ground even more in the hope that you know what to do lah.
                    This happens every election year in recent memory - 2001, 2006 n 2011.
                    One will become cynical of a gahmen’s commitment to improve
                    d Singaporean lot when more of these one –off measures are doled out
                    during election years. In fairness, there r some longer term measures
                    in 2011 budget, but nearly half r one –off.
                    Of these, only about ¼ r cash payouts .
                    D rest? Goes to Workfare, Medisave, CPF Special A/C etc -
                    essentially stays in d gahmen's coffers n
                    $ u will likely never see n many don’t benefit directly from anyway.

                    I am not moved.

                    1 Reply Last reply Reply Quote 0
                    • janet88J Offline
                      janet88
                      last edited by

                      Way2GO:
                      janet_lee88:



                      The gahmen sees stronger competition in coming election...so sweeten the ground even more in the hope that you know what to do lah.

                      This happens every election year in recent memory - 2001, 2006 n 2011.
                      One will become cynical of a gahmen’s commitment to improve
                      d Singaporean lot when more of these one –off measures are doled out
                      during election years. I am not moved.

                      If there are sweeteners near election year, it doesn't quite show garmen sincerity, does it ? Why is it that the lot of ministers don't try to make Singaporeans happier by dishing out 'attractive packages' more often. When the ground is sweet most of the time, then you will feel more taken care of mah. As for shaking hands and showing their faces, that one no need lah.

                      1 Reply Last reply Reply Quote 0
                      • S Offline
                        sleepy
                        last edited by

                        janet_lee88:
                        As for shaking hands and showing their faces, that one no need lah.

                        Oh that, I always missed their handshakes.

                        Bunch of people who are strangers to me, I always kept my door shut & ignored their knocking. Unless they're shouting fire !

                        I usually only heard from neighbours about those visits after it was over :lol:

                        1 Reply Last reply Reply Quote 0

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