Submitted by rratna on Thu, 02/09/2023 - 08:00

Budget 2023


Tax for higher-end cars to rise again; ARF to go up from 220% to 320%

The changes will take effect from the next round of COE bidding.

Vehicle tax and COE revenue set to rise

A newly announced increase in additional registration fee for higher-end cars will also contribute to this.

Smokers to pay more for all tobacco products as 15% tax hike kicks in

They will have to pay more for cigarettes, cigars and smokeless tobacco.