operating revenue
Fees & charges
Others
Tax revenue
GST
other taxes
personal income tax
corporate income tax
Government operating revenue is about
15 per cent of Singapore’s gross domestic product.
In recent years, about one-third of tax revenue has tended to come from corporate income tax; over one-fifth comes from personal income tax, and about another fifth comes from goods and services tax.
Other taxes include stamp duty, property tax and betting taxes.
Another important source of revenue is the
NIRC is the investment returns of Singapore’s reserves.
Overall Budget Revenue
NIRC
Half of it is the Net Investment Returns, from net assets invested by the Republic’s state investors.
The other half, Net Investment Income, is derived from past reserves from the remaining assets.
50%
50%
(20-25%
What's in the Budget:
Net Investment Returns
Net Investment Income