This is the largest combined amount in at least six years, based on figures released by the Finance Ministry for Budget 2024.
The increase is likely to have been driven largely by a sharp rise in COE premiums, as well as more punitive taxes for premium and luxury cars.
For financial year 2024, the Government expects combined revenue from vehicle taxes and COE to rise by 4.1 per cent to $7.56 billion.
Denne historien er fra February 18, 2024-utgaven av The Straits Times.
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Denne historien er fra February 18, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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