After the Council of Ministers approved a draft of a state budget act for 2023 with a 3% deficit, the Ministry of Finance published a draft of amendments to the Code of Tax and Social Security Procedure for public discussion.
The draft proposes tax amendments aimed at creating additional sources of revenue in the state budget so as to improve revenue collection with the aim of attaining the budget deficit set down. The amendments include doing away with some of the tax and excise duty rebates introduced over the health and the economic crisis during the past three years, having failed to demonstrate their efficiency as regards any benefits for consumers and for the market. A solidarity installment on excess profits generated in the 1 July, 20223-31 December, 2023 period is also proposed.
Car Speed Show 2025 will take place on September 27 and 28 at Arena 8888 in Sofia. The automotive and lifestyle exhibition will bring together sports, luxury and collector cars, motorcycles and yachts, innovative products for the automotive industry,..
On Saturday, the minimum temperatures in Bulgaria will be from 8 to 13C, in Sofia – 10C. During the day, cloudy weather will prevail. Rain is expected in the southwestern regions. A moderate wind will blow from the east-northeast. Maximum..
In economic terms, Bulgaria is highly dependent on carbon-intensive production and is particularly vulnerable to the risk of these productions being shifted to countries with weaker environmental standards, with the corresponding loss of jobs and a..
Over the next 24 hours, cloud cover will be mostly significant. There will be rain showers in some areas of Western Bulgaria and the far southeastern..
Foreign Minister Georg Georgiev met Qatar’s Minister of State for Foreign Affairs, Sultan bin Saad Al-Muraikhi , on the sidelines of the 80th session of..
Marina Gugusheva, who studies medicine at Sofia University St Kliment Ohridski, is spending a month at Zagazig University under an international exchange..
Partly cloudy, chance of rain
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