Continues to propose to reduce agricultural fees

VCN- The Ministry of Finance has sent 3 Official Letter for consultation on reducing some types of fees.   
continues to propose to reduce agricultural fees Propose to reduce a series of fees and charges
continues to propose to reduce agricultural fees Exemption from nationality fees, civil status fees and residence registration fees
continues to propose to reduce agricultural fees Expenditure for environmental protection is higher than the revenue from environmental protection fees
continues to propose to reduce agricultural fees
The Ministry of Finance proposes to reduce from 10% to 201% of protective fee rate for forestry plant.

According to the Ministry of Finance, on August 9, 2017, the Government issued Decree 75/ND-CP on monthly Government meeting for June 2017, in which assigning the Ministry to collaborate with ministries, sectors, localities and units which are providing public service and collecting fees to synchronously reduce fees related to business’s cost and submit to competent agency for decision or promulgation under its competency.

Implementing Resolution No.75 and basing on the Law on fee and charge, the Ministry of Finance has issued draft revised Circular 2017/2016/TT-BTC regulating the rate, collection, submission, management and use of the fees and charges in the field of cultivation and forestry plant.

Specifically, the draft Circular regulates that reducing from 10% to 20% of each protective fee rate for forestry plant.

In addition, the Ministry of Finance has issued draft revised Circular No. 279/2016/TT-BTC regulating the rate, collection, submission, management, and use of the fees for food hygiene and safety.

Accordingly, the draft Circular regulates that reducing from 10% to 83% of fee rate for verification of business conditions in the field of food safety, fee for evaluating contents of film scripts, program on tapes, discs, software and other materials and documents in advertising of food, food additives and processing aids in medical field.

The Ministry also proposed to revise Circular No.284/2016/TT-BTC of the Ministry of Finance regulating the rate, collection, submission, management, and use of the fees and charges in quality management of aquaculture supplies.

continues to propose to reduce agricultural fees Domestic revenues are relatively high thanks to land revenues and fees

VCN- According to the General Department of Taxation, the progress of budget estimation in the first 4 ...

Especially, the draft Circular regulates that reducing 0.5% of fee rate for granting a certificate of imported aquaculture supplies and 5.66% of fee rate for granting a certificate of circulation of aquaculture supplies and products for registration or renewal.

Previously, the Ministry consulted about 6 circulars on fee and charge in the field of veterinary, food safety and quality management, verification of means of fire prevention and fighting and verification of technical safety standards and etc to reduce the cost for business.

By Hong Van/Ngoc Loan

Related News

Customs Law 2014: A journey of more than 8 years into life - Lesson 2: Impressions of electronic customs procedures

Customs Law 2014: A journey of more than 8 years into life - Lesson 2: Impressions of electronic customs procedures

VCN - The Customs Law 2014 creates a basis for the entire Customs sector to strongly apply information technology (IT) and digital technology to create a fundamental and comprehensive transformation in state management of Customs in a modern, secure and safe environment. The application of IT and digital technology by the Customs industry in all fields, from customs operations to internal management, has made great progress, contributing to promoting the process of administrative procedure reform, modernize customs, and implement international and regional integration commitments. Customs procedures are carried out entirely electronically, contributing to promoting goods circulation, reducing customs clearance time for goods across borders, facilitating trade, towards the goal of building an e-Government.
Get opinion on draft circular supplementing and amending regulations on risk management

Get opinion on draft circular supplementing and amending regulations on risk management

VCN – On August 15, Deputy Director General of Vietnam Customs Hoang Viet Cuong chaired an Online conference getting opinion on draft circular supplementing and amending Circular 81/2019/TT-BTC regulating risk management in customs control.
Logistics enterprises in Hai Phong "stooped” with container deposit fee

Logistics enterprises in Hai Phong "stooped” with container deposit fee

VCN - In the context of many difficulties in business activities, the logistics business community in Hai Phong is still struggling with cumbersome procedures and fees and charges regulated by shipping lines.
MoF proposes support policies on taxes and fees in 2023

MoF proposes support policies on taxes and fees in 2023

VCN – Deputy Minister of Finance Nguyen Duc Chi said that the Ministry of Finance has proposed support policies on taxes and fees for enterprises and people in 2023 similar to the policies implemented in 2022.

Latest News

Closely monitoring market fluctuations to consider appropriate time to adjust prices

Closely monitoring market fluctuations to consider appropriate time to adjust prices

VCN - According to a report from the Ministry of Finance, in the second quarter and the remaining months of 2024, price management and administration need to ensure good control of inflation and continue to remove difficulties for production and business.
How does the Land Development Fund work effectively?

How does the Land Development Fund work effectively?

VCN - Speaking at the Conference to collect opinions on the draft Government Decree regulating the Land Development Fund held by the Ministry of Finance on April 22, Deputy Minister of Finance Bui Van Khang emphasized the necessity of the development of the Government Decree regulating the Land Development Fund.
Vietnam seeks to remove obstacles in upgrade of securities market

Vietnam seeks to remove obstacles in upgrade of securities market

The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.
Price stability from supply increase and transparency in trading in gold market

Price stability from supply increase and transparency in trading in gold market

VCN - To stabilize the gold market, economic expert Prof.Dr. Tran Tho Dat, a member of the Prime Minister's Economic Advisory Group, said that it is necessary to implement solutions to make all transactions transparent in the gold market, implement electronic invoices as well as pay taxes in gold investment activities.

More News

SBV takes more actions to stabilise foreign exchange rates

SBV takes more actions to stabilise foreign exchange rates

The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT

Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT

VCN - The revised Draft Law on Value Added Tax (VAT), besides inheriting many provisions from the current Law, also revises and supplements several contents to suit the actual situation, including some notable contents in VAT refund.
Corporate bond maturity in 2024 remains high: MoF

Corporate bond maturity in 2024 remains high: MoF

The volume of corporate bonds maturing in 2024, though lower than that in 2023, is till at a high level, mostly in industries with payment risks such as real estate and renewable energy, according to a report by the Ministry of Finance (MoF).
Support clearance procedures for imported gold for bidding

Support clearance procedures for imported gold for bidding

VCN - The State Bank (SBV) has sent a document to competent ministries and branches requesting coordination in implementing the Prime Minister's direction in gold market management.
The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low

The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low

VCN - According to forecasts, Vietnam's financial sector in 2024 will be more positive, with the exchange rate gradually cooling down from the end of the second quarter of 2024, while interest rates will remain low to promote growth.
Majority of credit institutions forecast profit growth in 2024

Majority of credit institutions forecast profit growth in 2024

A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).
Central bank plans to auction gold bars on April 22

Central bank plans to auction gold bars on April 22

The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Old loans must endure higher interest rates temporarily: central bank

Old loans must endure higher interest rates temporarily: central bank

The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
State-owned enterprises flourished

State-owned enterprises flourished

VCN - The production and business situation in the first quarter of 2024 of the state-owned enterprise sector continues to have many bright spots with many financial targets completed or exceeding the set plan. This is the premise for positive business results in the second quarter and the whole year 2024.
Read More

Your care

Latest Most read
Closely monitoring market fluctuations to consider appropriate time to adjust prices

Closely monitoring market fluctuations to consider appropriate time to adjust prices

VCN - According to a report from the Ministry of Finance, in the second quarter and the remaining months of 2024, price management and administration need to ensure good control of inflation and continue to remove difficulties for production and business.
How does the Land Development Fund work effectively?

How does the Land Development Fund work effectively?

Deputy Minister of Finance Bui Van Khang emphasized the necessity of the development of the Government Decree regulating the Land Development Fund.
Vietnam seeks to remove obstacles in upgrade of securities market

Vietnam seeks to remove obstacles in upgrade of securities market

The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.
Price stability from supply increase and transparency in trading in gold market

Price stability from supply increase and transparency in trading in gold market

VCN - To stabilize the gold market, economic expert Prof.Dr. Tran Tho Dat, a member of the Prime Minister's Economic Advisory Group, said that it is necessary to implement solutions to make all transactions transparent in the gold market, implement electr
SBV takes more actions to stabilise foreign exchange rates

SBV takes more actions to stabilise foreign exchange rates

The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
Mobile Version