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

Kostadin Kostadinov

Vazrazhdane calls for the extradition of refugees who do not meet the criteria to be considered as such

''Vazrazhdane will propose urgent legislative measures for the immediate extradition of all refugees who do not meet the criteria to be considered refugees'', Kostadin Kostadinov stated in a declaration on behalf of his parliamentary group . The..

published on 4/30/25 11:58 AM
Premier Rosen Zhelyazkov

Premier Zhelyazkov gives institutions a 10-day deadline to improve the BG-Alert system

At the beginning of the government meeting, Prime Minister Rosen Zhelyazkov gave a 10-day deadline to improve the BG-ALERT early warning system. "Ten days, colleagues, and after that, there will be no excuses. Once again, we are seeing that systems..

published on 4/30/25 11:34 AM
GERB-SDS MP Toma Bikov

The parliamentary group of GERB-SDS considers the first 100 days of the Zhelyazkov Cabinet a success

''The parliamentary group of GERB-SDS considers the first 100 days of the "Zhelyazkov" cabinet a success and declares its support for the government’s work during the current session of the National Assembly'', MP Toma Bikov said in a statement from..

published on 4/30/25 10:40 AM