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.
On Friday morning, there will be fog in the lowlands and valleys. The cloud cover will start to increase from the west. The lowest temperatures will be between minus 2°C and 3°C, around minus 1°C in Sofia. During the day, there will be temporary..
Captain Lyubomir Chanev and chief mate Danail Veselinov returned to Bulgaria. They were held captive by Yemen's Houthis for 430 days. The Galaxy Leader ship with the two Bulgarians on board, was hijacked in the Red Sea on November 19, 2023, shortly..
Environmentalists protested in front of the Ministry of Environment and Water against plans to reduce the area of the Blue Stones Nature Park and the creation of settlements. According to the environmentalists, if construction in the park is not..
In a statement from the parliamentary rostrum, the leader of Vazrazhdane party, Kostadin Kostadinov, stated that his party would not allow "a national..
President Rumen Radev held a phone conversation with the EU Special Representative for the Belgrade-Pristina Dialogue and other Western Balkan Regional..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that she is concerned about the current state of the country’s finances, which,..
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