Podcast in English
Text size
Bulgarian National Radio © 2025 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

Expect scorching temperatures and a light breeze

It will be clear across the country tonight, with a light easterly breeze in eastern Bulgaria. Expect another hot and sunny day, with temperatures reaching 35–40 °C. Later in the day, a cold atmospheric front will move in from the west,..

published on 6/26/25 7:05 PM
Photo: Municipality of Karnobat / Facebook

A large fire is burning near Karnobat, the BG-Alert system to be activated

A large fire stretching about 10 kilometers is burning east of the town of Karnobat, Burgas district, reported the mayor of Karnobat Municipality Georgi Dimitrov. Due to strong winds, extinguishing the fire is difficult, said BNR’s correspondent..

published on 6/26/25 6:10 PM

A culinary festival in Chepelare marks the start of the summer mountain tourist season

A vibrant and free-entry event will mark the beginning of the summer mountain tourist season in the Rhorope town of Chepelare. Starting on June 27 at 6:00 pm in Olympic Square, the festival will offer a combination of traditional Rhodope cuisine and..

published on 6/26/25 5:57 PM