Progressive wage model singapore 2024 | Ministry of Manpower
Singapore, a nation renowned for its economic prowess, has also been at the forefront of ensuring fair labor practices. A cornerstone of this commitment is the Progressive Wage Model (PWM). Introduced to uplift lower-wage workers, the PWM has been steadily implemented across various sectors, with the Ministry of Manpower (MOM) playing a pivotal role in […]
Vat Singapore – A Guide to Filing VAT Returns in Singapore
In the ever-changing business landscape in Singapore, comprehension of value-added tax (VAT ) -locally referred to as goods and services tax-is paramount to enjoying the advantage of businesses operating in such a city-state arena. This guide provides particulars that enable you to confidently confront the taxing puzzle of compliance. What is VAT/GST in Singapore? GST […]
How Much is CPF Contribution by Employer?
Understanding CPF Contributions The Central Provident Fund (CPF) is a mandatory savings scheme in Singapore that sets aside a portion of your income for retirement, healthcare, and housing. Both employees and employers contribute to this fund. While employees have a direct say in how their CPF is allocated, employers’ contributions are mandated by the government. […]
IRAS Corporate Tax Filing | Mastering Compliance and Optimization
As a business owner in Singapore, staying compliant with corporate tax regulations is crucial for your company’s financial health and legal standing. The Inland Revenue Authority of Singapore (IRAS) requires all company’s to file their corporate tax returns annually. This comprehensive guide will walk you through essential steps and deadlines for IRAS corporate tax filing, […]
Unlocking the Benefits of Shared Maternity Leave: A Comprehensive Guide
Asia’s wider history and philosophies view each region as a vital part of geographical studies for its role in diversity, creativity, aesthetics, and politics. It, therefore, includes so many different cultures from diverse spaces, selecting one concept to analyze the structuring shifts that bring about diversity in cultural contexts. Understanding Shared Maternity Leave in Singapore […]
How Can LMS Training Improve Employee Performance?
In Singapore’s world of intense business competition, wherein innovation and continuous improvement is the need of the hour for survival, companies are constantly on the lookout for any possible edge over other firms with their valuable asset: their people. Enter LMS training, an executive education innovation that is changing the paradigm for how the organization […]
IRAS Singapore Tax Audit: A Guide for Businesses
An IRAS Singapore Tax Audit can be a nerve-wracking experience for any business owner. Receiving a notification from IRAS can trigger a wave of uncertainty and raise questions about the potential tax liabilities. However, in situations like these, staying calm and following a proactive approach can make a significant difference in navigating this process. This […]
A Guide to Sabbatical Leave Policies in Singapore
Imagine having the choice to step out of your career for a few months or longer, if needed, to pursue that dream project you’ve always wanted to work on, study further, or simply recharge. This is precisely what a sabbatical amounts to, and it is slowly emerging as an increasingly viable career option in the […]
Navigating the CDAC Contribution Rate: A Comprehensive Overview
In a multiracial city-State in Singapore, community self-help groups are vital in the empowerment of various ethnic communities. The Chinese Development Assistance Council (CDAC) can be seen as a bedrock for the Chinese community, providing crucial support to its constituent members in the area of education, employment assistance, and social work programming. Thus, it is […]
Resource Management: A Guide to Streamlining Your Business
Given the fast-paced and competitive environment in Singapore, resource management is not just a strategy; it is a lifeline to survival and success. Singapore being one of the global business capitals requires operational excellence, and hence smart management of resources is key for businesses of all sizes. Understanding Resource Management in the Singapore Context The […]
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