299 Singapore Budget 2024: Charting a Course for a Thriving Economy and Empowered FutureSingapore’s Budget 2024 sets the stage for a robust and innovative future. With a focus on strengthening the economy and fostering entrepreneurship, the government has unveiled a series of measures designed to support businesses, drive growth, and invest in our people.Supporting Businesses and Driving Growth:Extension of Grants and Financing Schemes: Existing grants and financing schemes, crucial for business expansion and innovation, will be extended. This provides a much-needed boost to local businesses, encouraging them to thrive amidst global uncertainties.Focus on Innovation: Budget 2024 prioritizes innovation as a key driver of economic growth. Increased tax deductions for qualifying innovation activities in areas like R&D and intellectual property will incentivize businesses to invest in the future.Enhanced Infrastructure Investment: Continued investment in infrastructure will ensure Singapore remains a competitive and attractive hub for businesses. This not only benefits established companies but also creates fertile ground for new startups to flourish. Investing in Our People:Reskilling and Upskilling Initiatives: Recognizing the importance of a future-proof workforce, the budget allocates resources for reskilling and upskilling programs. This empowers Singaporeans to adapt to evolving industries and seize new opportunities.Encouraging Entrepreneurship: Programs fostering a culture of entrepreneurship will be strengthened. By supporting aspiring business owners, Singapore fosters an environment where innovation and job creation can flourish. A Budget for a Brighter Future:Budget 2024 demonstrates the government’s commitment to building a resilient and dynamic economy. By supporting businesses, driving innovation, and investing in our people, Singapore positions itself for continued success in the global marketplace. This budget fosters an environment where both established businesses and aspiring entrepreneurs can thrive, laying the groundwork for a prosperous and empowered future for all Singaporeans. What are your thoughts on the focus areas of Budget 2024?Explore our insightful SG Budget 2024 blogs:1. SG Budget 2024 #1: Empowering Individuals and Families2. SG Budget 2024 #2: Financial Assistance and Planning3. SG Budget 2024 #3: New Property Tax Measures on the Horizon