Tax reliefs for insurance policies and new mothers may benefit Singapore's economy

Submitted By:  Arianna Danganan Case Study:  No Deductions could be subject to a cap which could be scaled according to age. Enabling a tax write-off for health insurance premiums may encourage more taxpayers to take up health insurance policies for themselves and their families amidst arising chronic conditions and growing demand for health services which place complex pressures on Singapore’s healthcare system, according to PwC Singapore’s Budget Proposal 2019. read more