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GST was implemented at a single rate of 3% on 1 April 1994, with an assurance that it would not be raised for at least five years. To cushion the impact of GST on Singaporean households, an offset package was also introduced. Simultaneously, corporate tax rate was cut by 3% to 27%, and the top marginal personal income tax rate was cut by 3% to 30%.
†Japanese name during Korea under Japanese rule (1910–1945). The Korean name is unchanged. ‡Name change in English due to replacement McCune-Reischauer with the Revised Romanization method in 2000. The Korean name is unchanged.
Following self-government in 1959, the Inland Revenue Department was formed in 1960 when various revenues administered and collected by a number of separate agencies were brought together. When Singapore attained independence on 9 August 1965, substantial changes were made to the Income Tax Act, which came into effect on 1 January 1966.
Until 1985, subscribers' telephone numbers in Singapore were five and six digits. Five digits were introduced in 1960s, whereas 5-digit and 6-digit phone numbers were introduced in 1960s as fixed lines grew, but in that year, these changed to seven digits as the introduction of new towns arose (Tampines, Jurong East, Bukit Batok, Yishun and Hougang) and a large number of new numbers were required.
Example: the caller lives in area code 630 (Oak Brook, Illinois) and requests a listing for a business in area code 312 (Chicago, Illinois). In this case, AT&T Illinois bills the call. 411 NDA: National Directory Assistance. 411 is dialed and the operator is requested to search for a listing in an area code not local to the caller.
The Customs Department was founded when Singapore was the British Empire's Straits Settlements and later Crown Colony.Established in 1910 under the name Government Monopolies Department, Customs is one of the oldest tax-collecting organisations in modern Singapore to increase the country's state coffers to help fund national programmes.
The Central Area, also called the City Area, and informally The City, is the main commercial and financial city centre of Singapore.Located in the south-eastern part of the Central Region, the Central Area consists of eleven constituent planning areas: the Downtown Core, Marina East, Marina South, the Museum Planning Area, Newton, Orchard, Outram, River Valley, Rochor, the Singapore River and ...
The role of the commission was to manage key services for the Town of Singapore, such as utilities, water services and urban planning. [2] The body had commission board members internally elected but ceased from 1913 until 1949, after which it acted like a quasi-municipal government until the City Council of Singapore was created in 1951. [2]