Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Ministry of Finance proposes tax amendments

Photo: BGNES, archive

After the Council of Ministers approved a draft of a state budget act for 2023 with a 3% deficit, the Ministry of Finance published a draft of amendments to the Code of Tax and Social Security Procedure for public discussion.

The draft proposes tax amendments aimed at creating additional sources of revenue in the state budget so as to improve revenue collection with the aim of attaining the budget deficit set down. The amendments include doing away with some of the tax and excise duty rebates introduced over the health and the economic crisis during the past three years, having failed to demonstrate their efficiency as regards any benefits for consumers and for the market. A solidarity installment on excess profits generated in the 1 July, 20223-31 December, 2023 period is also proposed. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rain in the east, temperatures back to early spring levels 

On Saturday, minimum temperatures in the country will be between 2 and 7°C, in some valleys in the south-east 0°C, in Sofia 2°C. During the day there will be cloudy weather with heavy precipitation in the eastern areas. In the western part of the..

published on 4/19/24 7:05 PM
Zhecho Stankov

Agreement between Bulgargaz and Botas enters parliament

At an extraordinary meeting, the National Assembly examines the report of the temporary parliamentary committee on the agreement between the state gas supplier Bulgargaz and Turkish energy company Botas.  However, the conversation moved into the..

published on 4/19/24 6:11 PM
Stefan Dimitrov

Foreign Minister remains in office until dismissed by the president

Caretaker Minister of Foreign Affairs Stefan Dimitrov stated that he remains in office until there is a presidential decree for his release. We recall that his replacement was requested by the caretaker PM Dimitar Glavchev a week after taking..

published on 4/19/24 5:52 PM