What changes are being made to the Tax Code?

04.05.2021 09:05:54

On May 3, 2021, a regular meeting of the SDP faction "Adolat" in the Legislative Chamber of the Oliy Majlis was held. The meeting considered in the first reading the draft law "On amendments and additions to the Tax Code of the Republic of Uzbekistan", aimed at further supporting enterprises, mitigating the negative impact of the coronavirus pandemic on sectors of the economy, and increasing incomes. It was noted at the meeting that the adoption of the proposed bill will serve to systematize the regulations governing relations in specific areas, increase the number of university graduates who want to work in budgetary organizations in remote areas. In addition, in order to support the tourism sector, which is one of the areas facing economic difficulties during the pandemic, temporary benefits will be provided, as well as personal income tax benefits for citizens participating in government programs determined by the President and the Cabinet of Ministers.

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