Singapore legislation

Clause 7

of Income Tax (Amendment No. 2) Bill

Clause 7

Amendment of section 39

Subsection (1) of section 39 of the principal Act is amended —

(a)

by inserting, immediately before the words “in the case of an individual” in paragraph (b)(ii), the words “without prejudice to any deduction allowable under sub-paragraph (iii) or (iv),”;

(b)

by deleting the words “two thousand dollars” in paragraph (b)(iii) and substituting the words “three thousand dollars”;

(c)

by deleting the words “three thousand dollars” in paragraph (b)(iv) and substituting the words “four thousand dollars”; and

(d)

by deleting the proviso to paragraph (b).

Clause 7 — Income Tax (Amendment No. 2) Bill | laws.sg