Singapore Sme Cash Grant And Corporate Income Tax Rebate Presented By Tax Accountants Pte Ltd

Singapore Sme Cash Grant And Corporate Income Tax Rebate Presented By Tax Accountants Pte Ltd

For Year of Assessment (YA) 2011, companies will receive:

1. A Corporate Income Tax (CIT) Rebate; or
2. A SME Cash Grant,

whichever is the higher amount.

## Corporate Income Tax (CIT) Rebate ##

A 20% CIT rebate, subject to a cap of $10,000, will be allowed to each company for YA 2011. The CIT rebate will be computed on the tax payable amount after deducting tax set-offs (e.g. double tax relief and unilateral tax credit).

## One-Off SME Cash Grant ##

Recognising that many small companies are not taxable and would not be able to benefit from the CIT rebate, a one-off SME cash grant of 5% on total revenue for YA 2011, subject to a cap of $5,000 will be separately given to them.
To be eligible for the SME cash grant, the company must have made CPF contribution for at least one employee during the basis period of YA 2011. If no CPF contribution is made, the company will only be eligible for the CIT rebate;
Companies will receive automatically the higher of CIT rebate amount or the SME cash grant amount. CIT rebate will be given if both amounts are the same.

## Payment of CIT Rebate and SME Cash Grant ##

Companies do not need to apply for the CIT rebate or SME cash grant. The Singapore Tax Authority (IRAS) will compute the amount of the CIT rebate or the SME cash grant which a company will receive when companies file their income tax return (i.e. Form C).

IRAS will start disbursing the SME cash grant from Sept 2011 to companies. Companies can expect to receive the SME cash grant within six months from the submission of the Form C.

Learn more about the Singapore SME Cash Grant and Corporate Income Tax Rebate at

## Help and Advice ##

Tax Accountants Pte Ltd provides reliable and affordable services in Singapore which include accounting, bookkeeping, payroll and tax services. Our work processes are designed to be efficient and cost-effective. Our aim is to relieve you of the burdens of statutory compliance and enable you to focus on running and growing your business. Contact us now so we can discuss your requirements; Email us at .

For more information, visit:

Tax Accountants Pte Ltd
10 Anson Road, #26-04 International Plaza, Singapore 079903
Fax : (65) 6725 8438
Email :

The Crucial Role That Social Welfare Professionals Play In Society

The Crucial Role That Social Welfare Professionals Play In Society

The role of a social worker is performed in numerous settings which include institutions, counseling services, fields and everything related to an individual’s everyday issues that are expected to stunt one’s progress in life and society. An individual who adopts serving mankind as a profession indicates that a person nourishes a strong and passionate energy for human welfare and thus, is all set to counsel people and solve their personal and social issues.

In the world of today, social welfare work is a proper profession and is directly associated with community improvement, individual welfare, stable public administration and health and consistent societal development. On a social scale, this means bringing about strong prevalence of health, medicine, education, and awareness about substance abuse. This also includes legal protection and assistance by the government, to contribute to public management and administration. These are just some of the issues encountered by a social worker, and are immensely challenging as well.

With a crucial role being performed by a social welfare professional, it is without a doubt that one refers to this field as a very challenging one, and hence is highly valued in the present world. Not only does it help one to be more aware of the ongoing issues that are faced in society, it provides them with a platform which they can employ to address any deteriorative matters such as drug abuse, economic instability, dearth of education, physical and psychological negligence and poverty.

The reason why social work is valued by people in general, is because they are provided with sincere counseling. Their strengths are highlighted, and they are encouraged to the maximum to integrate various strategies in their personal lives to improve their living style on their own. These seemingly trivial matters have a profound and tangible effect on individuals, and have been witnessed to have worked as an ice-breaker for socializing in the community.

Operating like a common man who is well-informed about the challenges of life, has the positive intent to overcome any negative forces and inculcating the spirit to live life at its best, means that a society with immense improvement is at work. This is one of the chief feats recorded only through the extreme support of human welfare work. No wonder today, social welfare profession is given utmost significance, and many with proper qualification are encouraged in this direction, to enhance the scale of societal improvement and development.

Great Lakes Chennai Placements Avg Salary Rs. 9.45 Lakh Pa

Great Lakes Chennai Placements Avg Salary Rs. 9.45 Lakh Pa

Great Lakes Institute of Management, Chennai, has announced a successful placement year reflecting the growth in the economy.

The PGPM Class of 2011 comprised 296 students from diverse backgrounds and work experience ranging from 20 months to 81 months. This year, 121 leading companies participated in the placements, an increase of 59% over last year as companies chose Great Lakes students for a variety of roles including Senior Management positions.

Overall, the salaries offered to the Class of 2010 increased by 11% over last year. The average salary of the PGPM class was Rs. 9.45 lakhs per annum while the median salary was Rs. 9.2 lakhs per annum. The highest salary was Rs. 24 lakhs p.a. offered by a US management consulting firm. Further, the average salary was 133% of the average incoming salary (i.e. the last drawn salary of the batch before joining the institute).

The highest number of offers was made by companies from Consulting, Technology and Sales & Marketing. Healthcare, Infrastructure, Real Estate, Media, Travel, Education and Energy were some of the other sectors chosen by the Class of 2011.

The leading recruiters were as follows:

Sales & Marketing: Some of the major recruiters were Godrej Consumer , Symrise (FMCG), Mahindra Holidays (Travel and Tourism), Yes Bank, Kotak Mahindra Bank, Axis Bank (BFSI), Edserv, Everonn, Global Scholar, Manipal Education (Education) and Puma (Retail) and HIRCO (Infrastructure).52 students got jobs in Sales & Marketing with the highest salary offered being Rs. 16 lakhs p.a.

Consulting: The major recruiters were ZS Associates, Deloitte, PWC, Ernst and Young, Cognizant Business Consulting, Universal Consulting and Accenture.78 students got jobs in consulting roles with the highest salary offered being Rs. 24 lakhs p.a.

Technology: IT majors such as Infosys, TCS, Wipro, HCL, Mindtree, Mahindra Satyam visited campus this year. The highest salary offered was 14 lakhs.

Operations: Companies such as L&T Engineering, Robert Bosch, Tecpro Systems, Zuari Group and TVS Motors were among the many recruiters here for Operations and Product Management roles. Yes Bank also recruited for Operations role in BFSI. The highest salary offered was Rs. 12.5 lakhs p.a.

Finance: Some of the major recruiters for the finance students of Great Lakes were UBS , Wealth Advisors India, Vista Soft, Spark Capital, Yes Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank. Roles varied across Wealth Management, Fixed Income Securities, Securities Trading, Corporate Banking, Equity Research and Institutional Investments. The highest salary offered was Rs. 12 lakhs p.a.

General Management and Business Analytics: IBM Analytics, IMRB, RAMCO Systems were some of the major companies that recruited students for Analytics and Business Research roles. Other general management roles were offered by companies such as Hospira Healthcare, SunEdison. The highest salary offered in general management roles was Rs. 10.7 lakhs p.a.

Stay tuned to for more news from GLIM Chennai.

The Three Main Professions That Can Be Found in the San Antonio Eye Care Industry

The Three Main Professions That Can Be Found in the San Antonio Eye Care Industry

Patients from San Antonio who suffer from adverse eye conditions and vision problems can rely on three classes of eye care specialists for their needs. These three general types of San Antonio eye doctors provide the same high level of care and expertise that their fellow eye professionals from other areas and countries usually exhibit. Through them, San Antonians are readily assured of continuous expert eye care. San Antonio eye care specialists and experts in eye care in general, typically fall under one of three specializations: Ophthalmologists, optometrists, and opticians. All of them are dedicated in helping patients with any difficulties they find in seeing and all of them have the needed knowledge and training to deal with eye diseases and issues. An ophthalmologist can be defined as an eye doctor who is concerned with the medical diagnosis and management of our eyes and vision, and he can also advise us of ways to protect our eyes better. He is also trained to perform surgical procedures to patients who are in urgent need of them. San Antonio ophthalmologists can do careful analysis of our eyes and measure out the limitations of our sight; he can also determine abnormal eye conditions and diseases and prescribe the right kind of surgical or medical intervention for them. Some of them specialize so that they can conduct other needed procedures such as San Antonio laser eye surgery and surgery to correct cataracts. An optometrist, meanwhile, is a type of eye care specialist that practices optometry or the science of the eyes and vision. Unlike an ophthalmologist, he has not undergone instruction and training in a medical school; nonetheless, he is still fully capable of identifying, resolving, and managing some eye and vision problems. San Antonio eye doctors of this type mainly deal with the prescription and equipping of eyeglasses and contact lenses. He may also be able to give you eye medication if you need them, and he can help establish certain eye disorders such as macular degeneration, cataracts, glaucoma, general vision loss, and conjunctivitis. The third type of San Antonio eye specialist is the optician. He works along with ophthalmologists and optometrists in diagnosing sight and eye problems. He is mainly concerned with providing eye management and care to patients who need to undergo expert assessment and specialized surgery such as San Antonio laser eye surgery. However, unlike the first two professions, the optician is not trained to conduct vision analyses and routine eye tests by himself. He can also do modifications and repairs to faulty eyeglass frames and flawed contact lenses. As we can see in the above definitions, San Antonio eye care providers can be classified among three different classes, with each type duly trained and certified to handle sight and vision concerns of their patients. The three classifications are not only true to eye specialists who hail from San Antonio but they are also true across eye specialists everywhere.

No Income Proof Unsecured Loans- Financial Solution With No Income Proof

No Income Proof Unsecured Loans- Financial Solution With No Income Proof


No income proof unsecured loans are the short term loans for the borrowers who are unable to show their income proofs to the lenders to grant the loan amount. The income proof is an important document that many of the lenders ask for to approve the loans. With the changing occupational atmosphere, most of the people are entering into self-employed category. Self employed people are referred to those who operate their business on their own or in partnership. It is quiet difficult for the self employed people to attain an income proof certificate. The best selection for such people is the no income proof loans. These loans can be availed without pledging any collateral against the loan amount, so no risk involvement. These loans are convenient for the borrowers as they stays free of tension as there is no chance of loosing the valuable asset if the borrower cannot able to repay the loan amount.

No income proof self employed loans are ideal for self employed loan as they dont possess regular income and their income varies from one month to another. People with bad credit status can also apply without any hesitation and obligation. These loans are designed especially for unsalaried persons because these persons cannot arrange a perfect record of their steady monthly income. These loans do not demand any collateral tom pledge against the loan amount as they are unsecured in nature. They dont even involve credit checks therefore all the borrowers can apply for these loans regardless of their bad credit status. These loans have easy and quick online applications which remove your stress of visiting to the lender and waiting there for long to get the application and approval of the loan amount. In online procedure you just required to fill a simple online application and submit it there on the lenders website. The loan amount will directly get transferred into your bank account within couple of hours. No income proof unsecured loans are a prominent loan arranger that does not ask the borrower for his income proof before advancing the cash. It also offers no income proof secured loans.


There are certain specified requirements are needed for the loan application and easy approval. These are the following:

1.The borrower needs to be a permanent UK resident.
2.He should be an adult with the age of eighteen years or above.
3.He should also possess a valid bank account under his name in UK itself.
4.He should have permanent residential address in UK.
5.He should be earned steady income so that would be able to repay back the loan amount.