Increase family deduction to 16-18 million VND/month to match living standards

    Nhóm PV |

    Many opinions say that the current family deduction level is no longer suitable and should be raised to about 16-18 million VND/month.

    Nhóm PV
    TIN LIÊN QUAN
    Many ministries, branches and localities propose to raise family circumstances to suit the current price index. Photo: Vu Long

    Increase family circumstances to suit the price index

    |

    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.

    Experts say that with the regulation of adding 20% ​​of CPI to adjust family deductions, this policy is outdated and cannot keep up with the pace of change in the economy and living costs. Photo: Bac Giang Provincial Tax Department

    Outdated family allowance creates large tax burden

    |

    Outdated family deductions and unreasonable progressive tax schedules are creating a huge burden on personal income tax and need to be adjusted urgently.

    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. Photo: Y Nhu

    Reasons for not adjusting family deduction level

    |

    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.

    The Prime Minister decided to appoint Mr. Nguyen Khac Than to hold the position of Chairman of the People's Committee of Hung Yen province (new) for the 2021-2026 term. Photo: Ha Linh

    Mr. Nguyen Khac Than becomes the new Chairman of the People's Committee of Hung Yen province

    |

    Hung Yen - On June 30, the ceremony to announce the National Assembly's Resolution on the merger of Hung Yen and Thai Binh provinces took place in Hung Yen province.

    An Phu intersection underpass officially opens to traffic, expected to reduce congestion at the eastern gateway of Ho Chi Minh City

    |

    At 12:00 on June 30, the 4-lane underpass at An Phu intersection, Ho Chi Minh City was officially put into operation.

    Hanoi announced a list of positions as Commune and Ward Secretaries in Hanoi when implementing the two-level government. Photo: Huu Chanh

    Announcing the list of Secretaries of 126 communes and wards of Hanoi when implementing 2-level government

    |

    Hanoi - Below is a list of Secretaries of communes and wards of Hanoi when implementing 2-level government.

    Nhiều bộ, ngành và địa phương đề xuất nâng mức giảm trừ gia cảnh để phù hợp với chỉ số giá cả hiện nay. Ảnh: Vũ Long

    Increase family circumstances to suit the price index

    Lục Giang |

    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.

    Các chuyên gia nhận định, với quy định cộng dồn CPI 20% mới điều chỉnh giảm trừ gia cảnh, chính sách này đã lạc hậu, không theo kịp tốc độ thay đổi của nền kinh tế và chi phí sống. Ảnh: Cục Thuế tỉnh Bắc Giang

    Outdated family allowance creates large tax burden

    Minh Ánh |

    Outdated family deductions and unreasonable progressive tax schedules are creating a huge burden on personal income tax and need to be adjusted urgently.

    Ủy viên Thường trực Ủy ban Tài chính Ngân sách Vũ Tuấn Anh nêu rõ hiện Chính phủ chưa trình Ủy ban Thường vụ Quốc hội điều chỉnh mức giảm trừ gia cảnh. Ảnh: Ý Như

    Reasons for not adjusting family deduction level

    CAO NGUYÊN |

    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.