S’pore’s Projected Carbon Tax Revenue for 2024 Lower than Expected After Fivefold Hike in Tax Rate

S’pore’s projected carbon tax revenue for 2024 lower than expected after fivefold hike in tax rate

The $642 million estimate is likely due to allowances given to trade-exposed emitters, say experts. Read more at straitstimes.com.

Budget 2025-26: Relief expected for construction sector - Islamabad Post

ISLAMABAD, JUN 9: The 2025–26 budget is expected to bring tax relief for various sectors, with a particular focus on the construction industry and industrial imports. Sources divulged on Monday that a reduction in additional regulatory duty on over 3,500 imported items is likely. There is also a possibility of a 2% to 3% decrease in additional customs duty on imported goods. For the industrial sector, the government may reduce duties on the impo…

PSSD’s 2025-26 budget likely balanced without the carbon tax, trustee says

The approved operating budget features $110,759,381 in revenues and $108,764,539 in expenses, for an initial surplus of $1,994,842. However, after amortization, the surplus turns into a cash deficit of $435,867, which the division will cover using its reserves.