The Minister of Finance have promulgated Circular 79/2022/TT-BTC dated 30 December 2022 amending and supplementing legislative documents which provides amendments to probative evidence for reduction based on family circumstances applied to personal income taxpayers. Accordingly, the probative evidences for children under Circular 111/2013/TT-BTC have been adjusted and amended in Circular 79/2022/TT-BTC as follows: 1. For...
This is a highlight in Circular 24/2022/TT-BLDTBXH issued on 30 November 2022, stipulating the compensation in kind for employees working in hazardous or toxic working conditions. Accordingly, the level of compensation in kind is calculated on a daily basis and has the monetary value as follows: – Level 1: 13,000 VND (3,000 VND increased); –...
On 30 December 2022, the SBV Governor issued Circular 23/2022/TT-NHNN amending and supplementing certain articles of legislative documents to create the hierarchy handling administrative procedures in foreign exchange management. Accordingly, the authorization for foreign currency operations is as follows: – The SBV Governor has the authority to approve, to approve the extension of foreign exchange...
On 26 December 2022, the SBV Governor promulgated Circular 18/2022/TT-NHNN amending Circular 09/2015/TT-NHNN on debt purchase and sale by credit institutions and foreign bank branches. Accordingly, cases where credit institutions are not required to satisfy the requirement for a non-performing loan ratio below 3% are supplemented as follows: – Credit institutions under special control purchasing qualified debts...