Friday, December 08, 2006

Re: [EZLINK] Surrendering PR status: need pay back subsidy

Hi,
i think you are right, you cleared the smoke!
cheers


--- "Nagaraja.P" <nagatiru@yahoo.com> wrote:

> That deduction is not meant for subsidies or
> education, It's a tax.
> This tax is meant for PRs and also for citizens.
>
> It's 22% of CPF, out of which 50% will discounted
> for those who are contributing more than 10 years.
>
> more info can be had at Ministry of finance
> website
>
>
http://app.mof.gov.sg/faq/faq.asp?category=Supplementary+Retirement+Scheme+(SRS)&subheading=Withdrawals#question1
>
> thx
> Raja
>
> srinivas rao <srinivas1006@yahoo.com> wrote:
> Hi all,
> it is very interesting to know about it. my friends
> left earlier, they did not come across this issue.
> they may not 'enjoyed' any subsidies on education
> and
> hospitalisation. i don't think there is "others" as
> there are no other subsidies for PRs to my
> knowledge.
>
> what about "surrendering citizenship"? are they
> liable
> for deductions? if so, housing subsidy is too much
> to
> pay back.
>
> share your experience please.
> regards
>
> --- S Mahesh <maheswarans@yahoo.com> wrote:
>
> > Hi,
> >
> > Yes it is true.
> >
> > It will be calculated according to the subsidies
> you
> > have enjoyed from
> > the day of you becoming PR.
> >
> > Subsidies normally used :
> >
> > 1. Education
> > 2. Medical
> > 3. others
> >
> > Thanks and Regards,
> > Mahesh.
> > --- nirupama sreenivasan <nsreeniv@yahoo.co.in>
> > wrote:
> >
> > > Hey Friends,
> > >
> > > I have no idea on this...I am hearing this for
> > the first time...I
> > > dont think this is true....
> > >
> > > Anyone please throw light into it...30k is a big
> > amount....
> > >
> > > Rgds
> > > Sreeniv
> > >
> > > Nagesh kumble <nagesh_kumble@yahoo.com> wrote:
> > > Hi friends,
> > > i got a news from my friend that whovever
> > surrendering PR status need
> > > to pay back all the subsidy that he enjoyed
> during
> > his stay here in
> > > Singapore.according to him he was in singapore
> for
> > 8 years and he
> > > paid almost 30k.you guys have any idea how this
> > being calculated.i
> > > feel it's very important for all of us,
> specially
> > PR's.according to
> > > him government charged more on education.
> > > any body or your friends experienced this
> > situation please shed some
> > > light on this matter.
> > >
> > > Regard's
> > > NAGESH
> > >
> > > ---------------------------------
> > > Everyone is raving about the all-new Yahoo! Mail
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> > >
> > >
> > >
> > >
> > >
> > >
> > > ---------------------------------
> > > Find out what India is talking about on - Yahoo!
> > Answers India
> > > Send FREE SMS to your friend's mobile from
> Yahoo!
> > Messenger Version
> > > 8. Get it NOW
> > >
> > > [Non-text portions of this message have been
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> > >
> > >
> >
> >
> >
> >
> >
>
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>
__________________________________________________________
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>
>
>
>
>
> Thanks and regards
> Nagaraja P
>
>
>
>
>
>
>
>
>
> ---------------------------------
> Everyone is raving about the all-new Yahoo! Mail
> beta.
>
> [Non-text portions of this message have been
> removed]
>
>


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