100% increase in tax exemption for salary earners and small businesses
According to Mehr News Agency, citing the Ministry of Economic Affairs and Finance, the Guardian Council announced its opinion on the Parliament's approvals in the budget bill of 1404, the ruling regarding the increase doubling approved the tax exemption ceiling for salary earners.
Therefore The statement of the spokesman of the Guardian Council, about the ruling Income tax The salary of government and non-government employees, which was set at 24 million Tomans, in the meeting of the Guardian Council discussion and no contradiction with the constitution was detected.
According to him, the ruling regarding the increase of tax discount for the owners of the third child was not found to be against the law.
One of the important approaches of the 14th government in the 1404 budget bill was a comprehensive review of the tax system with the aim of reducing tax pressure on the middle and low-income classes and boosting production.
A 100% increase in tax exemption for salary earners and small businesses is one of the policies that will directly affect people's livelihood. therefore The tax exemption limit for salary earners has been increased to 24 million tomans per month and the exemption for small businesses has increased to 200 million tomans per year, which shows that special attention has been paid to reducing the tax burden of these groups.
These changes, in addition to supporting the livelihood of households, are an important step in realizing tax justice and reducing economic inequalities.
On the other hand, the increase in the small business tax exemption has created an opportunity for the growth of small and medium businesses, which play a key role in economic dynamism.
In addition to these measures, the reduction of production tax from 25 to 20 percent is considered as another supportive government policy, which, while strengthening the productive sector of the economy, helps to create employment and increase investment.
These targeted approaches, focusing on tax justice and transparency in tax allocation, are an effective step in building trust and active participation of people in the country's tax system.
Source:mehrnews