Welcome to the March 2025 issue of Tax News. This publication aims to share bite-sized information and updates from Singapore and around the region.
Some of the updates in the period 1 February to 28 February 2025 include:
- Singapore's FY2025 Budget Statement was announced by Prime Minister and Minister for Finance, Mr Lawrence Wong, on Tuesday, 18 February 2025 in the Parliament.
- The IRAS revised its e-tax guide on 'GST: Fringe Benefits (Tenth Edition)' on 19 February 2025.
- On 16 December 2024, the Legislative Assembly of Macau SAR passed the bill for approval of the Tax Code.
- The Government of India has introduced the Income-tax Bill, 2025 on 13 February 2025.
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