Treasury proposes 1.5% income tax hike in budget

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07.05.2013                      27.Ijar. 5773                     Tag 42 des Omer

Finanzministerium:

Treasury proposes 1.5% income tax hike in budget

Finance Ministry says measures include historic spending cut.

The Finance Ministry has released the draft state budget and the Economic Arrangements bill for 2013 -2014. The measures include what the ministry itself calls the biggest spending cut ever imposed….