Techgoondu, 18 Feb 2011
The much-derided licence fees that Singapore residents have to pay for simply owning a TV or radio have been finally scrapped, as part of a of election-friendly Budget unveiled today by the government here in Parliament.
Until now, home owners paid S$110 a year for a TV licence while car owners paid S$27 a year for tuning in to FM radio on the go. With this change, users would save about S$120 million in such fees a year, revealed Finance Minister Tharman Shanmugaratnam today.
He told Parliament that the licence fees were losing their relevance. Many users now watch TV and listen to radio on the Internet, bypassing the traditional channels, he also pointed out. Full story