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

Vazrazhdane party does not want the euro and proposes tying the Bulgarian lev to the dollar

On April 30, a meeting was held in the US Congress building between a delegation from the Vazrazhdane party and Republican MP Keith Self, who is the vice chairman of the Foreign Affairs Committee in the US House of Representatives and chairman of the..

published on 5/1/25 3:15 PM
Todor Kapitanov

CITUB trade union takes firm stand against raising the retirement age in Bulgaria

In Bulgaria, the legislation is so arranged that a nationwide strike cannot be held . This was explained to the Bulgarian National Radio by Todor Kapitanov, vice president of the largest trade union in the country, the Confederation of Independent Trade..

published on 5/1/25 2:25 PM
Arda River

Bulgaria offers Greece a 5-year agreement on the waters of the Arda River

5 years for Bulgaria to provide waters from the Arda River to Greece for irrigation was approved as a proposal to Greece by the Bulgarian government. The draft joint declaration on the use of the waters of the Arda River states that the two sides..

published on 5/1/25 12:02 PM