September 24, 2017

Pyidaungsu Hluttaw endroses Special Commodity Tax Bill

Pyidaungsu Hluttaw being convened in Nay Pyi Taw. Photo: MNA
Pyidaungsu Hluttaw being convened in Nay Pyi Taw. Photo: MNA

THE Pyidaungsu Hluttaw discussed three reports, including a report on the Union Budget, at its latest session in Nay Pyi Taw yesterday.
Also, the Joint Bill Committee also discussed the Special Commodity Tax Bill, which was submitted by the Ministry of Finance last Wednesday.
The bill committee agreed with the proposal of the ministry, saying indirect tax should be promoted in Myanmar as it is in other developing countries. The committee also recommended that special commodities should be managed only under this law.
The Hluttaw invited MPs to sign up in order to discuss the bill at the next session.
During the Monday session, Deputy Minister for National Planning and Economic Development Daw Le Le Thein clarified tasks undertaken in the first six months of the 2015-2016 fiscal year.
Union Minister for Finance U Win Shein also clarified a report on the Union Government’s budget for the first six months of this fiscal year.—Myanma News Agency

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