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, minimum temperatures will be from 5 to 10°C. In Sofia, it will be around 5°C. Sunny weather will prevail during the day. Cumulus clouds will develop in the afternoon and in places, again mainly in the mountainous regions of Western and..
Russia remains the main destabilizing factor in international security, it is emphasized in the report of the Military Intelligence Service for 2024, reports BGNES. The overview notes that the global security environment is characterized by the..
25% of workers are without an employment contract, the fight against the shadow economy should be a top priority for the state. This was stated on the occasion of Labor Day on May 1, Social Minister Borislav Gutsanov in Varna. For the minister, it is..
The United States is a key strategic partner and NATO ally, with whom we will continue to work together to achieve our common goals — energy security,..
GERB Leader Boyko Borissov and President Rumen Radev got into a dispute in the media over the country's new F-16 fighter jets, the first of which is..
In 2024, 93.3 million people in the EU (21.0% of the population) were at risk of poverty or social exclusion , according to data from the European..
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