The Bill not only aligns Singapore's tax policies with global trends but also reinforces the country’s status as a competitive business hub, said NMP Neil Parekh Nimil Rajnikant.
The Bill not only aligns Singapore's tax policies with global trends but also reinforces the country’s status as a competitive business hub, said NMP Neil Parekh Nimil Rajnikant. Speaking in Parliament on Monday , he said by introducing a new 15% concessionary tax rate and extending the development and expansion incentive, the Bill strengthens Singapore’s appeal to high-value investments in advanced manufacturing, AI and green technology.
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