Extra ! Extra !

SINGAPORE: The government is to give Growth Dividends to all adult Singaporeans, to be paid out in two instalments in April and October this year.

A lower-income Singaporean living in a three-room HDB flat or smaller, will receive a Growth Dividend of $400. This is on top of the $250 in GST Credits that he will be getting this year. The majority of Singaporeans, who live in other HDB flats and do not have high incomes, will receive a Growth Dividend of $300 (on top of $200 in GST Credits that he will get this year).

Older Singaporeans, those aged 60 and above, will get more. Most older Singaporeans will receive one and a half times what other Singaporeans will receive.

Those with annual incomes more than $100,000 will receive a Growth Dividend of $100. Those who have served and are currently serving national service will get an additional $100 of Growth Dividends, to recognise their contributions to the nation.

As before, Singaporeans can donate their Growth Dividends to charity. The Growth Dividends will cost the government $865 million this year

Source : Channel News Asia

Told you there are more money coming in! Can't wait til end of the month though ! Let's celebrate!