SINGAPORE - Some 1.6 million Singaporeans will receive letters in the first week of this month informing them of the various Budget 2014 benefits they are eligible for.
These include the 2014 GST Voucher (GSTV), the 2014 GSTV Special Payments, the five-Year Medisave top-up and Service and Conservancy Charges rebates.
About 1.3 million Singaporeans will receive the GSTV cash on Aug 1.
In addition, within this group, about 660,000 Singaporeans aged 55 and above will receive the GSTV-Cash: Seniors' Bonus.
The GSTV cash and GSTV-Cash: Seniors' Bonus will cost the Government $505 million.
About 380,000 Singaporeans aged 65 and above will also receive the GSTV-Medisave top-up on Aug 1.
This will cost the Government $115 million.
Get a copy of tabla! for more stories.