Finance ministry proposes extending car import tax incentives through 2032
The move aims at giving businesses greater policy certainty for production and investment planning.
Proposed tiered tax incentives for SMEs
Under this approach, enhanced, longer-term, or conditional incentives would target enterprises operating in prioritized sectors, engaging in innovation, digital transformation, green manufacturing, global value chain integration, large-scale job creation, or those demonstrating high potential for economic contributions.
Tax incentives on petroleum products extended
The policy, taking effect from July 1 through September 30, 2026, aiming to support fuel supplies and ease cost pressures on businesses and consumers.
Ministry seeks input on draft circular for electronics tax incentives
For foreign-invested enterprises to be eligible for corporate income tax incentives, they must meet similar criteria applicable to domestic enterprises.