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New Tax Bills to be Re-submitted to the Parliament

Income tax and commercial tax bills including new tax management bills will be resubmitted to the parliament according to the Internal Revenue Department (IRD). At present, State Lottery Bill and the Special Goods Tax Bill have been officially enacted by the parliament. Pending bills and left unfinished bills need to be amended will be submitted to the parliament according to IRD. Recently new tax management bills have been submitted to the President Office and the Ministry of Planning and Finance. “Now we are drafting income tax and commercial bills to submit to the parliament,” said a senior official of the Internal Revenue Department (IRD).