The National Assembly will amend the Personal Income Tax Law at the end of the year.

(QNgTV)- At the 10th session (expected to open on October 20), the National Assembly will review and amend the laws on Personal Income Tax, Land, Public Employees and many other laws.

Secretary General, Head of the Office of the National Assembly Le Quang Tung. Photo: National Assembly Portal

The total working time is about 42 days and there are two options for consideration. Option 1, the National Assembly will conduct the session in two phases, from October 20 to November 22 and December 1 to December 18, with a break of one week between the two phases. Option 2, the National Assembly will meet continuously so that the session ends early, expected to close on December 12.

The National Assembly is expected to consider the following draft laws: Cyber ​​security; State secret protection (amended); Digital transformation; High technology (amended); Judicial appraisal (amended); Tax management (amended); Specialized court at the International Financial Center; Personal income tax (amended); E-commerce; Saving, anti-waste; Civil servants (amended); amendments to the Law on Intellectual Property; 10 laws related to security and order; Law on Geology and minerals; amendments to the Law on Land.

Regarding the Personal Income Tax Law, the Ministry of Finance is proposing a new policy on family deductions. Currently, the family deduction is 11 million VND and each dependent is 4.4 million VND per month. Individuals are deducted from insurance, family deductions, allowances, subsidies, the remaining amount is the income subject to personal income tax.

Source: https://quangngaitv.vn/quoc-hoi-se-sua-luat-thue-thu-nhap-ca-nhan-vao-cuoi-nam-6507207.html