The Ministry of Finance responded to voters' recommendations on support policies and tax incentives

In April 2024, many important activities took place in the Finance sector. Finance Magazine reviews some outstanding events of the Finance industry in the past month.

The Government has just submitted a proposal to the National Assembly for consideration and permission to continue implementing the policy of reducing the value-added tax rate (VAT) by 2% for a number of groups of goods and services that are currently subject to VAT rates. 10% in the last 6 months of 2024.

The Ministry of Finance said that currently, preferential and supportive policies in the fields of green economy, circular economy, and digital economy have been specifically stipulated in the law on taxes, fees, charges, and laws. Law on land finance and banking finance.

In the draft Proposal to the Government on promulgation of the Government Decree regulating the management, use and exploitation of railway infrastructure assets, the Ministry of Finance has proposed and supplemented the management and use of railway infrastructure assets. Use the proceeds from exploiting national railway infrastructure assets in cases where railway asset management enterprises directly organize asset exploitation.

Currently, the Ministry of Finance is urgently soliciting public comments on the Government's draft Decree regulating the Land Development Fund. The development of this Decree is aimed at completing the legal basis for the Land Development Fund according to the provisions of the land law in 2024, resolving difficulties and obstacles arising during the organization and operation of the Development Fund. land development.