Vietnam proposes 30% tax cut for small, household businesses
Economy 10:14 08/08/2026Vietnam’s Ministry of Finance has proposed a 30-percent reduction in personal or corporate income taxes for household businesses, individual businesses and enterprises with annual revenues of no more than VND10 billion (US$380,000) in 2026 and 2027, a measure expected to reduce state budget revenue by more than VND6.7 trillion ($255 million).
Vietnam urged to redesign tax incentives to help SMEs scale up
Economy 14:56 04/08/2026Vietnam’s government is considering corporate income tax cuts for small and medium-sized enterprises (SMEs), but experts said the policy should go beyond lower tax rates and create stronger incentives for businesses to expand, invest in technology and join supply chains.
Sweden unveils $8.5-billion budget to boost growth with tax cuts, military spending, before election
World 17:45 22/09/2025Sweden's right-wing coalition promised an 80 billion crown ($8.5 billion) spending bonanza in its 2026 budget on Monday, saying rock-solid finances gave room to speed up sluggish growth ahead of a general election next September.
India slashes consumption tax on hundreds of items to spur domestic demand
World 13:16 04/09/2025NEW DELHI - Indian Finance Minister Nirmala Sitharaman on Wednesday announced tax cuts on hundreds of consumer items ranging from soaps to small cars to spur domestic demand in the face of economic headwinds from punishing U.S. tariffs.
