Singapore Budget 2015: Adjusted levies for manufacturing, construction sectors
PUBLISHED ONFebruary 23, 2015 8:57 AMByJamie Lee
The government will adjust further the levies for the manufacturing and construction sectors, said Tharman Shanmugaratnam, Deputy Prime Minister and Minister of Finance, on Monday.
In the manufacturing sector, there has been no increase in the number of Work Permit holders over the past year. Hence, the government will keep the current levy rates unchanged for two more years - for 2015 and 2016 - for Work Permit holders in the manufacturing sector.
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