Increasing family deduction is the right direction

(QNgTV) - The recent proposal of the Ministry of Finance to increase the family deduction level is considered a right step, demonstrating timely adjustment and contributing to sharing the financial burden with workers.

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Recently, the Ministry of Finance has proposed two options to adjust the family deduction level: The first option (adjusted according to the CPI increase) increases the deduction level for the taxpayer himself to 13.3 million VND/month (from the current 11 million VND) and for dependents to 5.3 million VND/month (from the current 4.4 million VND). The second option increases more strongly (the growth rate of average income per capita and GDP per capita), with 15.5 million VND/taxpayer and 6.2 million VND/dependent.

The recent proposal by the Ministry of Finance to increase the family deduction level is considered a right step, demonstrating timely adjustment and contributing to sharing the financial burden with workers.

Source: https://quangngaitv.vn/tang-muc-giam-tru-gia-canh-la-huong-di-dung-dan-6505718.html