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Inefficient tax privileges will be canceled in Kazakhstan, and state programs will be revised

This was announced today at the annual Address to the Nation "Kazakhstan in a new global reality: growth, reforms and development" by the President of Kazakhstan Nursultan Nazarbayev. The head of state stressed that the adjustment of tax incentives will provide an inevitable effect. "We must leave three taxes: a general tax, a patent for individual entrepreneurs, a special tax regime for SMEs and the agricultural sector. Such a mechanism will shift the shadow economy into the light", - he said. In this regard, the main task of the Government should be the “increase” of the transparency in the tax field." "Only in this way, each economic entity will be interested in paying the taxes in full", - he said.

Another order given to the Government is "to conduct a full audit of all state programs". "In a crisis, every tenge should be counted, inefficient spending should be excluded from the budget", - said Elbasy. Besides, Nursultan Nazarbayev stressed the importance of a more prudent attitude to the means of the National Fund, we “must stop” their use for current expenses.

Meanwhile, the President's instructions have already found a response and understanding of the National Chamber of Entrepreneurs "Atameken". Commenting by the request of the correspondent palata.kz on the presidential orders, the Chairman of NCE RK "Atameken" Ablay Myrzakhmetov noted that they are "extremely important for the business". "Ineffective benefits will be canceled and business shouldn’t rely much on it. Only micro - and small enterprises will get assistance in order to retain its employees", - said A. Myrzakhmetov. He said, in the new economic conditions, enterprises should not only increase their economic and social benefits, but also increase their competitiveness. "Business that bounced back should be more efficient, it is necessary to be competitive. We have to work, we have to roll up our sleeves! "- enthused in his sppech Ablay Myrzakhmetov.

Zhanar Serdalina


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