{"id":1312,"date":"2019-09-02T17:27:59","date_gmt":"2019-09-02T09:27:59","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1312"},"modified":"2020-01-18T17:41:06","modified_gmt":"2020-01-18T09:41:06","slug":"income-tax-amendment-bill-first-introduced","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2019\/09\/02\/income-tax-amendment-bill-first-introduced\/","title":{"rendered":"Income Tax (Amendment) Bill first introduced"},"content":{"rendered":"\n<p>On or about 2 September 2019, the Income Tax (Amendment) Bill was read for the first time in Parliament on 2 September 2019.<\/p>\n\n\n\n<p>The main proposed amendments are: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The granting of a personal income tax rebate of 50% of tax payable  capped at $200 for all tax resident individuals for the Year of  Assessment (YA) 2019 (ie for income earned in 2018).<\/li><li>The lapsing of the Not Ordinarily Resident (NOR) scheme after YA 2020.  The last NOR status granted in YA 2020 will expire in YA 2024.<\/li><li>The extension and refinement of tax incentive schemes for funds managed  by Singapore-based fund managers. The extension of tax concessions  relating to qualifying funds under s 13CA\/13R\/13X of the ITA will be until 31 December 2024.<\/li><\/ul>\n\n\n\n<p>Other\n proposed amendments are changes to current tax policies and \nadministration arising from the periodic review of Singapore\u2019s income \ntax system.<\/p>\n\n\n\n<p>For more information, please visit the Parliament of Singapore website.<\/p>\n\n\n\n<p>Source:  Parliament of Singapore website , 2 September 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On or about 2 September 2019, the Income Tax (Amendment) Bill was read for the first time in Parliament on 2 September 2019. The main proposed amendments are: The granting of a personal income tax rebate of 50% of tax payable capped at $200 for all tax resident individuals for the Year of Assessment (YA) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,6],"tags":[],"class_list":["post-1312","post","type-post","status-publish","format-standard","hentry","category-incometax","category-techupdates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=1312"}],"version-history":[{"count":1,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1312\/revisions"}],"predecessor-version":[{"id":1313,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1312\/revisions\/1313"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1312"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}