Hanoi, April 9 -- A draft decree guiding the implementation of the Personal Income Tax (PIT) Law is being widely viewed by legal experts as a strategic policy move, going beyond mere technical tax adjustments to support long-term economic transformation. The Ministry of Finance has recently released the draft for public feedback, with the decree expected to take effect from July 1. The draft specifies 21 categories of tax-exempt income, adding five, aimed at encouraging individuals working in priority sectors aligned with national development strategies. Notably, the proposed exemptions cover high-value fields such as science, technology, innovation, and digital transformation. Income from salaries and wages earned through scientific rese...
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