Important roles of personal income tax policy

Important roles of personal income tax policy

The Ministry of Finance said that, along with the other streams, revenue from personal income tax has created State Budget Fund to meed the demand on spending for investment and development
Strengthen inspection of estimation and settlement of expenses for social insurance management

Strengthen inspection of estimation and settlement of expenses for social insurance management

VCN – It is necessary to strengthen inspection, supervision and evaluation of the estimation and settlement of expenses for social insurance and unemployment insurance management to quickly discover and prevent negative acts.
How will employees at bankrupt enterprises with social insurance debts be resolved?

How will employees at bankrupt enterprises with social insurance debts be resolved?

VCN - There have been a number of bankrupt businesses that did not pay enough social insurance, causing employees' social insurance benefits to not be resolved in a timely manner. To ensure their benefits, the Vietnam Social Security (VSS) has just issued
Why do young workers rush for one-time social insurance withdrawal?

Why do young workers rush for one-time social insurance withdrawal?

Due to the influence of Covid-19 and the change of the policy on retirement age, the status of receiving one-time social insurance payments in some localities tends to increase.
Maximise convenience for enterprises to participate in social insurance

Maximise convenience for enterprises to participate in social insurance

VCN - For many years, Vietnam Social Insurance has always identified administrative reforms, especially administrative procedure reformis one of the important tasks of the whole industry,
Many businesses owe billions in social insurance

Many businesses owe billions in social insurance

VCN - According to the Social Insurance of Hanoi, by the end of June 2019, the total amount of social insurance, health insurance and unemployment insurance owed in Hanoi was VND 2,4674 billion.
Social Insurance actively reforms administrative procedures, facilitating business

Social Insurance actively reforms administrative procedures, facilitating business

VCN - Starting from January 1, 2018, laborers with labor contracts of one month to less than three months must have compulsory social insurance. This is to ensure the legitimate interests of laborers and the development of social insurance participants. A
Reforms to ensure social insurance key pillar in social security system

Reforms to ensure social insurance key pillar in social security system

Reforming social insurance policies is aimed at ensuring social insurance is truly a key pillar in the social security system and to gradually expand its coverage for all people, according to a resolution of the Party Central Committee.
The financial market grew comprehensively in the first eleven months

The financial market grew comprehensively in the first eleven months

VCN – According to the latest data from the Ministry of Finance, the financial market including security, monetary and social insurance gained a sustainable growth.
Different comments on proposal to let Tax agency collect social insurance

Different comments on proposal to let Tax agency collect social insurance

VCN - Upon the proposal to let the tax authority to collect social insurance, a lot of comments were made at the business consulting workshop on the draft revised Law on Tax Administration held on the morning of May, December 2017.
Proposing Tax authority to collect compulsory social insurance

Proposing Tax authority to collect compulsory social insurance

VCN- Therefore, between 2 solutions presented by the Ministry of Finance, it prefers the solution of the tax authority collecting compulsory social insurance for employers.
Expenditure for social insurance management only increased by 6%

Expenditure for social insurance management only increased by 6%

VCN – Expenditure for social insurance management and extension of retirement age are not related to each other.
Reducing social insurance arrears by database of the Tax agencies

Reducing social insurance arrears by database of the Tax agencies

VCN - More than 400 billion vnd of social insurance debts, health insurance debts and unemployment insurance debts for the past 2 years were collected.
Persist on litigating enterprises which attempt to avoid social insurance

Persist on litigating enterprises which attempt to avoid social insurance

The situation of debts in terms of social insurance, health insurance, unemployment insurance mount up to 14,000 billion vnd and no dossiers for appeals.
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