Yay! If you’re above the age of 20 and you are a Singaporean, you’ll be very very happy in 2008. 
Our dear government has decided to share its profits with the public. As for me I am looking at $600 to be credited in my account this year by 2 installments. First at the end of April and 2nd in October.
How did I get that amount? I will be getting both “GST off Set Package” and “Growth Dividends“. I qualify for the following remunerations:
GST off Set Package: $200/-
Growth Dividends: $400 /- ($300 for living in a 4R + $100 for being a NS-Men)
You know what I am thinking about now? The government is sharing its profits with us now, but what if they made a loss? Will they force us to pay for the losses? Hmmm…I hope they won’t do so. Only share the good stuff I hope. But If I am rich, I don’t mind helping the government of course.
Want to know how much you will receive? All the details are at the following official sites.
http://www.singaporebudget.gov.sg/growth_dividends.html
http://www.gstoffset.gov.sg/GSTCredits.htm
Regards,
Deen Yusoff
Deen Yusoff
Elvenarsha Mok
barakathunnisha
February 21st, 2008 at 1:47 am
soree for dropping by ur blog late againn. been busy with projects. tsktsk..
erkss.. regarding this entry, wow! im amazed.. &ohh, only to those who’re above 20, a singaporean, &who’s already working? *scratch head* cus im still a studenttt.. keke.
take care, alrites.
=)
February 21st, 2008 at 2:36 pm
Hi Mas!
it doesn’t matter if you are a student or not. As long as you are above 20 you will get the “bonus” from our dear government.
Actually for those below the age of 21 and are still students, the government will top up their untouchable account for post-secondary education. I think they meant the EduSave scheme here. So when the could use the money to offset their school fees for the first semester or 2.
So let’s all shout together. Long Live Singapore! Lol!
February 23rd, 2008 at 12:34 am
Hey there! First time here. Anyway I don’t think govt will make a loss. Even if they do, they will increase the tax and stuff. Whats new anyway??
But it would be best if we dont depend on govt financially. They can push and pull anytime they like and we are the kite that flies unsteadily.
No offence bro.
February 23rd, 2008 at 7:53 pm
None taken. I believe you had misunderstood me from my post.
We definitely aren’t dependent on the government and it is not smart to think that the government will never make a loss.
Anything is possible, in the case of Japan, they suffered from deflation and in turn, the country is in debt. You can’t raise higher taxes then there will be trouble for the economics and so on. Who will invest if everything they earn don’t come to them?
August 17th, 2008 at 2:19 am
Your blog is interesting!
Keep up the good work!