Prepare tax invoice under gst act

Tax inspection has put considerable pressure on business owners as the tax environment becomes more complicated and challenging. With the aim to support businesses to tackle the tax audit issues, on June 14, RSM Vietnam held the webinar RSM Tax Inspection 2022 to assist enterprises in successfully managing tax inspections. The webinar successfully attracted more than 150 participants from different companies. According to Le Khanh Lam, head of Tax & Consulting Services at RSM Vietnam, the COVID-19 pandemic had certain impacts on the number of tax adjustments and tax inspections in the first four months of 2022. The tax adjustments resulting from tax audits have declined as compared to the same period in 2021. Meanwhile, only 15 per cent of tax inspections have been completed according to the year’s plan. He added that due to the low number of tax audits in early 2022, the tax authorities would be likely to increase inspection in the second half of this year. Therefore, … [Read more...] about What businesses should prepare for the tax inspection

Vietnam said speculation that the woman was punished for her activities in the reduction of coal power is groundless. Nguy Thi Khanh, the first Vietnamese person awarded the world’s Goldman Environmental Prize, has been sentenced to two years behind bars for tax fraud. Nguy Thi Khanh. Photo: Goldman Environmental Prize Commenting on the sentence, Hang said Khanh violated Law on Tax Administration and admitted to committing the crime, saying speculation that Khanh’s conviction resulted from her activities and opinions related to climate change is unfounded and inconsistent with the nature of the case. Hang made the statement in response to a question raised at a press conference held on June 23. She said all citizens are equal before the law, adding that Vietnam strictly handles law-breaking acts in accordance with the law. Regarding environmental protection, Vietnam is strongly committed to climate change response, green and sustainable development. … [Read more...] about Vietnam’s 1st Goldman Prize awardee jailed for tax fraud

Bac Giang's Public Administration Service Centre . (Photo: VNA) Bac Giang (VNA) – Bac Giang continues to improve the efficiency of administrative reform, focusing on reviewing, reducing and simplifying administrative procedures serving people and businesses, according to Vice Chairman of the provincial People’s Committee Mai Son. In June 2022, Bac Giang improved its standing on the Vietnam Provincial Governance and Public Administration Performance Index ( PAPI ). The province has also promoted the implementation of online public services at Level 3 and Level 4 in order to ensure that the rate of online public services generating dossiers reaches 85 percent, and the rate of administrative procedures handled online reaches 50 percent. This year, Bac Giang aims to reduce at least 10 percent of administrative procedures to reduce wait times to an average of 20 minutes per transaction. At least 60 percent of administrative procedures can be paid online, in which the … [Read more...] about Bac Giang pushes administration reforms

Illustrative image (Photo: travelpluto.com) Singapore (VNA) – Singapore on June 21 announced a support package worth 1.5 billion SGD (about 1.08 billion USD) to provide immediate relief for vulnerable people and businesses amid rising inflation . Vulnerable households will receive an additional goods and services tax (GST) Voucher - Cash Special Payment of up to 300 SGD in August and a 100-SGD utilities credit. Eligible taxi main hirers and private-hire car drivers will get a one-off relief of 150 SGD in August to offset higher fuel costs. For businesses, there are higher subsidies for the Progressive Wage Credit Scheme. Accordingly, the co-funding share of eligible wage increases for local lower-wage workers under the scheme in 2022 will go up from 50 percent to 75 percent for resident employees with gross monthly wages up to 2,500 SGD. For wages above 2,500 SGD and up to 3,000 SGD, the co-funding will be raised from 30 percent to 45 percent. An Energy … [Read more...] about Singapore announces 1.08 billion USD support package to fight inflation

Although the summer holiday has just started, travel firms and agents have already completed 60-70 percent of their business plan while air carriers have also increased their flights to meet high travel demand. However, travel firms and agents are facing new difficulties: increasing tour prices because of rising fuel prices and a shortage of human resources. Millions of tourists ready for their trips Tran Quoc Bao, deputy director of Saigontourist Travel Company, said the company has expected to serve more than 280,000 tourists this summer. The number of tourists will be higher as tourist demand at home and abroad is surging. Three-to-eight-day domestic tours offered by Saigontourist are available nationwide. The most popular ones are tours of beaches, tours of northeastern and northwestern regions, 'green' tours, and community tours. “As summer is the peak season, we have prepared financial and human resources to diversify and better our services to meet market … [Read more...] about Vietnam’s travel firms see explosion of summer tours

In the first six months of 2022, Vietnam Airlines has resumed flights to 14 countries and territories, including the UK, France, Germany, Australia, the US, Japan, Korea, Thailand, Malaysia, Singapore, Laos, Cambodia, Taiwan, and Hong Kong. Lately, the airline has opened a new route to India and is preparing the necessary conditions to immediately reopen flights to China, Myanmar, and Russia when the conditions permit. The national carrier is expected to resume flights to Indonesia in July and key international routes to Japan, Korea, and Australia in November at the same flight frequency as in 2019. It hopes that it will be able to restore the entire international flight network, equivalent to that in 2019 by the end of 2023. The gradual restoration of international flight routes is an opportunity for Vietnam Airlines to improve the usage efficiency of resources, increase revenue, improve production and business results, reduce losses, and aim at profits in the following years. … [Read more...] about Vietnam Airlines plans to restore its entire flight network by the end of 2023

Antibody therapies are offering promising treatment breakthroughs for cancer and other illnesses, generating greater investor interest more than 20 years after they were first commercialised. Antibodies are proteins that recognise foreign substances, known as antigens, attaching themselves to them to alert the rest of the human immune system. In 1975, scientists Georges Koehler and Cesar Milstein discovered how to produce them in a laboratory, which later earned them a Nobel Prize for medicine. Dozens of synthetic antibodies have since been developed. New antibody treatments to be used with chemotherapy have arrived on the scene in recent years. Most recently, a clinical trial of an antibody developed by pharmaceutical groups Daiichi Sankyo and AstraZeneca caught the attention of leading cancer specialists gathered at the American Society of Clinical Oncology's annual congress in Chicago this month. The treatment, Enhertu, was already authorised for breast cancer patients … [Read more...] about New antibody therapies fight cancer, drum up investment

Party General Secretary Nguyễn Phú Trọng meets with voters from three districts of Hà Nội after the third session of the 15th National Assembly. — VNA/VNS Photo Trí Dũng HÀ NỘI — Party General Secretary Nguyễn Phú Trọng held a meeting with voters in three districts of Hà Nội on Thursday, where the public praised the Government's response to the COVID-19 pandemic and condemned recent corruption scandals involving medical supplies. The Party leader met with voters from Đống Đa, Ba Đình and Hai Bà Trưng districts after the third session of the 15th National Assembly. The meeting was also held online with 1,225 voters from 55 wards of the three districts. After being briefed about the 3rd session of the 15th National Assembly, voters strongly condemned acts of profiteering in purchasing medical supplies and equipment with the support of some cadres and Party members during the COVID-19 pandemic, which seriously affected people's trust in the health sector. Apart from reforming … [Read more...] about Party General Secretary Nguyễn Phú Trọng meets voters in Hà Nội

This is a remarkable end for Vietnam as the majority of the team were infected with Covid-19 before the tournament took place in India on January 20. On February 6, Vietnam defeated Chinese Taipei 2-1 in the Women’s Asian Cup playoffs to attend the FIFA Women’s World Cup 2023 for the first time. FIFA praises the Vietnam team. The opening goal from Chuong Thi Kieu at the 6th minute and Nguyen Thi Bich Thuy’s goal at the 56th minute increased the Vietnamese team’s lead in the match that Vietnam enjoyed the bulk of the possession (61%) and put pressure early on Chinese Taipei. Vietnam played for the most part of the game in the belting sun and humidity in Mumbai, India. “An aggressive Vietnam side left little room for Taipei to relax in a physically and vocally charged encounter that found players constantly reaching for a wet towel to deal with the conditions,” The Hindu reported. “Vietnam were undaunted and pushed forward with their positive play rewarded … [Read more...] about Vietnam book place in Women World Cup for first time

Tôn Nữ Ánh Tuyết, 72, sits at her small shop in Thủy Xuân Ward, Huế City. Photo plo.vn HUẾ - Tôn Nữ Ánh Tuyết, 72, spends what little profit she makes from selling incense, hats and souvenirs to help cancer patients in Huế City. She is a member of the city’s volunteer group that regularly distributes gifts at Huế Central Hospital. "For a long time, I have not directly delivered gifts to patients at hospital because of leg pain, and I've been busy selling goods,” she said. Tuyến has her own shop selling incense and souvenirs in Thụỵ Xuân Ward. Every day, she wakes up very early to clear goods and arranges bunches of colourful incense in front of the shop. "What I think about every day is how to sell more goods, so that each month there is enough money to help cancer patients in need." She came to this volunteer work after a family member died from cancer. The pain of losing a loved one and the difficulties she had to overcome helped her understand the difficult time the … [Read more...] about Incense seller in Huế helps poor cancer patients with small profit