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debt relief
Debt Relief Updates
Agreeing to clear debt with drugs, woman pays a heavy price
She went to ask for a debt but when the person asked to pay with drugs, Hoang Thi Ha agreed. After a period of selling drugs to customers, Ha was arrested.
Law
Biden cancels student debt for 55,000 people
US President Biden announced the cancellation of student debt worth a total of $4.28 billion for 55,000 people, possibly the last installment of his term.
Tax debt management is increasingly clear and transparent.
Talking to reporters about the current tax debt situation, as well as the current tax debt management, Ms. Nguyen Thi Cuc - President of the Vietnam Tax Consulting Association, former Deputy Director General of the General Department of Taxation said that the tax debt management work of the tax sector is currently becoming increasingly clear and transparent.
7th Session, 14th National Assembly: Passing the Law on Tax Administration (amended)
On the morning of June 13, with 91.32% of delegates in favor, the National Assembly passed the Law on Tax Administration (amended).
Ukraine holds joint military exercises with NATO; Philippine President apologizes for insulting Obama
(Baonghean.vn) - The world in the past 24 hours has seen many events such as: Russia accuses the US of 'grossly' interfering in internal affairs; Philippine President apologizes for insulting Obama; Ukraine conducts joint military exercises with NATO while still having tensions with Russia; South Korea urges resumption of US-North Korea negotiations; China will forgive debts for some of the least developed African countries...
Erasing more than 26 trillion VND in tax debt: Who is eligible?
Along with soliciting opinions on increasing environmental protection tax on goods, including gasoline, to a maximum of 4,000 VND/liter, the Ministry of Finance has just issued a document soliciting opinions on the draft Resolution of the National Assembly on handling irrecoverable tax debts. The estimated amount of debt write-off is up to 26.5 trillion VND.
Ministry of Finance proposes to erase tax debts in some cases
In the submission to the Government on the drafting of the revised Law on Tax Administration, the Ministry of Finance proposed amending regulations on tax debt cancellation, late payment fees, and fines for a number of specific cases to conform to reality and new regulations of relevant laws.
India erases $5.6 billion in debt for farmers
DNUM_AJZAEZCABH 10:19
Millions of Indian farmers who took out bank loans to grow crops will not have to repay the money they borrowed.
Proposal to cancel tax debt
DNUM_BBZAIZCABG 20:03
(Baonghean.vn) - On August 11, the General Department of Taxation informed about debt cancellation, tax debt relief, late payment fees, and fines for taxpayers. This is an important content in the draft Resolution on a number of tax solutions to remove difficulties and obstacles, and promote business development of the Ministry of Finance.
Refused debt forgiveness, Ukraine is facing bankruptcy
DNUM_BIZAGZCABF 11:28
The four largest private creditors, which hold two-thirds of Ukraine's $15.3 billion debt owed to individual creditors, have refused to forgive Kiev's debts, pushing the country through civil war toward bankruptcy.
Germany rejects possibility of debt forgiveness for Greece
DNUM_ABZACZCABF 09:17
(Baonghean) - On Saturday, January 31, in a press interview, German Chancellor Angela Merkel rejected the possibility of "new debt forgiveness" for Greece as previously proposed by Greek Prime Minister Alexis Tsipras.
Russia officially forgives nearly $10 billion debt for North Korea
DNUM_AHZAFZCABE 09:16
According to KBS, Russian President Vladimir Putin has just approved the decision to cancel 90% of the $10.86 billion debt that North Korea owes from the former Soviet Union.
German President announces debt forgiveness of 500 million euros for Myanmar
DNUM_BAZACZCABE 14:30
According to German news agency DPA, German President Joachim Gauck on February 9 welcomed the progress towards democracy in Myanmar and said Germany would support this Southeast Asian country.
Will not use budget money to cancel bank debt
DNUM_AHZABZCABD 16:46
Limiting the use of state capital to handle bad debt, not expected to use the budget to clear debt... is the Governor's answer to the National Assembly delegates.
Myanmar gets billions of dollars in debt forgiven
DNUM_BDZBAZCABC 19:40
Japan has just considered canceling a debt of up to 3.7 billion USD for this country, while the World Bank (WB) and the Asian Development Bank (ADB) have also agreed to waive nearly 1 billion USD in debt.
VFF proposes to erase "bad debt" for 3 football teams
DNUM_AHZBAZCABC 17:28
Currently, there are 3 clubs that owe VFF nearly 1.9 billion VND but have lost the ability to pay. At the 2012 Annual Congress of the Vietnam Football Federation - Term VI, the Inspection Committee proposed that the Executive Committee and the Congress cancel the debt for these teams.
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