Hanoi, April 20 -- A draft law amending and supplementing several articles of the laws on personal income tax, value-added tax, corporate income tax, and special consumption tax was discussed at the morning session of the National Assembly (NA) Standing Committee on April 20.

Presenting the Government's proposal, Minister of Finance Ngo Van Tuan said the draft law proposes not to stipulate specific revenue thresholds for exemption from personal income tax or value-added tax for household and individual businesses in the law, instead assigning the Government to set these thresholds.

The move aims to support household and individual businesses and enterprises, particularly small-scale entities, in expanding operations, ensure fairness in ...