Family deduction
The Minister of Finance will inform about contract tax, amend the family deduction level
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The Minister of Finance will inform about the allocation of salary increase sources for cadres and civil servants and amend regulations on family deduction levels.
Adjust personal income tax to suit socio-economic realities
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In the context of constantly changing the socio-economy, personal income tax (PIT) policies are showing many shortcomings and have not kept up with the fluctuations.
Amending personal income tax, need to be considered to suit reality
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"The amendment of tax policies needs to be considered to suit reality and affect personal finances as well as investment strategies" - Mr. Nguyen The Minh - Director of Analysis of Individual Customers at Yuanta Vietnam Securities Company assessed at the Workshop "Personal Income Tax Law - Ensuring fairness, promoting growth" organized by Lao Dong Newspaper in coordination with the National Economics University on March 14, 2025.
The need to amend the Law on Personal Income Tax
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Lao Dong Newspaper would like to quoted a speech from Ms. Nguyen Thi Cuc - President of the Tax Consulting - Arbitration Association, VIAC International Referee Center - Former Deputy General Director of the General Department of Taxation, within the framework of the Workshop "Personal Income Tax Law - Ensuring fairness, promoting growth" organized by Lao Dong Newspaper in coordination with the National Economics University on March 14, 2025.
Completing tax policies, ensuring fairness and sustainable development
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Lao Dong Newspaper would like to quoted the speech of the Policy Department - Tax Department (Ministry of Finance), within the framework of the Workshop "Personal Income Tax Law - ensuring fairness, promoting growth" organized by Lao Dong Newspaper in coordination with the National Economics University on March 14, 2025.
The family deduction level is outdated, it is time to adjust
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Household deductions help employees maintain their lives after paying taxes. But with economic fluctuations, is this figure still appropriate and ensures tax fairness?
Necessary changes in perfecting the Law on Personal Income Tax
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That is part of the discussion content of Associate Professor, Dr. Phan Huu Nghi - Deputy Director of the Institute of Banking and Finance, National Economics University, within the framework of the Workshop "Personal Income Tax Law - Ensuring fairness, promoting growth" organized by Lao Dong Newspaper in coordination with National Economics University on March 14, 2025.
Proposal to increase the family deduction level
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The family deduction in personal income tax (PIT) helps support employees in fulfilling their tax obligations. However, due to socio-economic fluctuations, many opinions say that adjustments are needed to suit actual spending.
Proposal to increase the family deduction level to suit reality
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The family deduction level has not changed for many years while the cost of living has increased, causing many opinions to suggest that it needs to be adjusted to suit the current standard of living.
Increase family circumstances to suit the price index
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Many ministries, branches and localities propose to raise family circumstances to 16-18 million VND/month to suit the reality of prices and current living standards.
Reasons for not adjusting family deduction level
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Standing Member of the Finance and Budget Committee Vu Tuan Anh stated that the Government has not yet submitted to the National Assembly Standing Committee an adjustment to the family deduction level.
