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

Pope Francis remembered: Reactions from Bulgaria

"I am deeply saddened by the passing of His Holiness - a true friend of Bulgaria and a global symbol of peace, compassion and unity," Prime Minister Rosen Zhelyazkov wrote on social media platform X in response to the news of the death of Pope Francis...

published on 4/21/25 1:53 PM
Премахване на незаконните постройки в столичния квартал

Citizens will show their support for Roma families from "Zaharna Fabrika" tonight

Citizens will tonight show their solidarity with the Roma families from the Zaharna Fabrika neighbourhood in Sofia who were left homeless after their homes were demolished on April 15.   At 19:00, they will gather at the site of the demolished houses and..

published on 4/21/25 11:57 AM

The faithful from all over the country took part in a procession with a miraculous icon of the Virgin Mary

Hundreds of believers from all over the country gathered at the Bachkovo Monastery to take part in the traditional liturgical procession with the miraculous icon of the Virgin Mary. The procession began at 8am, accompanied by the ringing of bells and led..

published on 4/21/25 11:39 AM