Lawmakers proposes raising tax exemption threshold to 1 billion VND
Hanoi, April 23 -- Hanoi (VNA) - The 16th National Assembly (NA) on April 23 continued the agenda for its first session, holding a plenary discussion on the draft Law on amendments and supplements to four key tax laws, including the Law on Personal Income Tax, Value-Added Tax, Corporate Income Tax, and Special Consumption Tax. Lawmakers broadly agreed that the revisions should move toward a more flexible tax system that adapts to economic fluctuations and ensures fairness, transparency, and greater convenience for taxpayers. During the debate, deputies commended the Government and the legislature for their proactive and decisive approach in advancing tax policy reforms. They described the proposed amendments as timely measures that could ...
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