The Bulgarian National Assembly Committee on Budget and Finance rejected President Radev’s veto on the Corporate Income Tax Act. The most discussed topic regarded the increased tax on older vehicles. The Chairperson of the National Assembly Committee on Budget and Finance Menda Stoyanova defended the decision of the committee and explained that “owners of twenty- year-old (65 kw) vehicles who paid EUR 15 per year will now pay EUR 35 under the new methodology and the difference is roughly the price of a pack of cigarettes per month”. In President Radev’s view, a higher tax will not encourage the replacement of older cars with new ones and that the new rules will place the tax burden on the people with low incomes and the small and medium-sized business.
"Recently, we started to get used to the frequent change of governments and parliaments, but in times of crises, wars and insecurity we cannot afford to get used to neglecting the Bulgarian Army, where the modernization processes and personnel care..
The traditional water blessing of the battle flags and the sacred flags of the Bulgarian army took place at St. Alexander Nevski Square on the occasion of the Day of Valour and the Bulgarian Armed Forces Day. President and..
"The people of Bulgaria will always remember the heroism of Bulgarian generals, officers, sergeants and soldiers", caretaker Premier Dimitar Glavchev wrote on Facebook on the occasion of the Day of Bravery and the Bulgarian Armed Forces Day...
Unit 5 of the Kozloduy Nuclear Power Plant (NPP) has been temporarily shut down for its scheduled annual maintenance and refuelling, which is expected to..
"I wish health, peace and love in every Bulgarian home! May the light and joy of the greatest Christian holiday fill our hearts and minds and strengthen..
Thousands of people will gather tonight near the spring in the mountainous area of Dambala, just above Momchilgrad. They all believe that on this night..
+359 2 9336 661