How does xoilac tv trực tiếp bóng đá hôm nay Ministry of Finance of Vietnam respond to xoilac tv trực tiếp bóng đá hôm nay proposal to expand xoilac tv trực tiếp bóng đá hôm nay beneficiaries of student loan credit?
How does xoilac tv trực tiếp bóng đá hôm nay Ministry of Finance of Vietnam respond to xoilac tv trực tiếp bóng đá hôm nay proposal to expand xoilac tv trực tiếp bóng đá hôm nay beneficiaries of student loan credit?
On December 18, 2024, xoilac tv trực tiếp bóng đá hôm nay Ministry of Finance of Vietnam issued Official Dispatch 13858/BTC-TCNH for xoilac tv trực tiếp bóng đá hôm nay year 2024...Downloadregarding xoilac tv trực tiếp bóng đá hôm nay response to xoilac tv trực tiếp bóng đá hôm nay voters' petition at xoilac tv trực tiếp bóng đá hôm nay 8th session of xoilac tv trực tiếp bóng đá hôm nay 15th National Assembly. Specifically, xoilac tv trực tiếp bóng đá hôm nay Ministry of Finance of Vietnam received a petition from xoilac tv trực tiếp bóng đá hôm nay voters of Phu Yen province forwarded by xoilac tv trực tiếp bóng đá hôm nay People's Petition Committee in Official Dispatch 942/BDN dated November 6, 2024. xoilac tv trực tiếp bóng đá hôm nay content of xoilac tv trực tiếp bóng đá hôm nay petition was as follows:
xoilac tv trực tiếp bóng đá hôm nay current student loan program (Quyết định 157/2007/QĐ-TTgandvtv5 trực tiếp bóng đá hôm) has limitations on eligible beneficiaries, specifically for students from households with an income at xoilac tv trực tiếp bóng đá hôm nay average threshold, families with siblings simultaneously attending university, or those not in xoilac tv trực tiếp bóng đá hôm nay agricultural, forestry, and fishery sectors facing economic difficulties. Such students face challenges in accessing loans. Therefore, xoilac tv trực tiếp bóng đá hôm nay voters proposed expanding xoilac tv trực tiếp bóng đá hôm nay beneficiaries of student loan credit.
xoilac tv trực tiếp bóng đá hôm nay Ministry of Finance of Vietnam replies as follows:
Currently, xoilac tv trực tiếp bóng đá hôm nay credit policy for students is being implemented uniformly according to xoilac tv trực tiếp bóng đá hôm nay provisions inQuyết định 157/2007/QĐ-TTgandvtv5 trực tiếp bóng đá hômamending and supplementing certain articles ofQuyết định 157/2007/QĐ-TTg. Accordingly, eligible beneficiaries include students in difficult circumstances attending universities (or equivalent), colleges, secondary technical schools, and vocational training centers established and operating under Vietnamese law, including:
- Students orphaned by both parents or orphaned by one parent while xoilac tv trực tiếp bóng đá hôm nay remaining one is unable to work.
- Students who are members of households classified as:
(1) Poor households as per legal standards;
(2) Near-poor households as per legal standards;
(3) Households with an average living standard as per legal standards (no limit on xoilac tv trực tiếp bóng đá hôm nay number of students per household benefiting from xoilac tv trực tiếp bóng đá hôm nay policy, nor on xoilac tv trực tiếp bóng đá hôm nay production and business sectors of xoilac tv trực tiếp bóng đá hôm nay household benefiting from xoilac tv trực tiếp bóng đá hôm nay policy).
- Students whose families face financial difficulties due to accidents, illnesses, natural disasters, fires, or epidemics during their study period validated by xoilac tv trực tiếp bóng đá hôm nay People’s Committee at xoilac tv trực tiếp bóng đá hôm nay commune, ward, or commune-level town of their residence.
Thus, in cases where students belong to households with an average living standard as noted in xoilac tv trực tiếp bóng đá hôm nay petition or face other economic difficulties, they are eligible for loans underQuyết định 157/2007/QĐ-TTgandvtv5 trực tiếp bóng đá hômmentioned above (without limitation on xoilac tv trực tiếp bóng đá hôm nay number of students per household or xoilac tv trực tiếp bóng đá hôm nay industries involved). xoilac tv trực tiếp bóng đá hôm nay Social Policy Bank will consider and decide on loans according to legal provisions.
More details can be found in Official Dispatch 13858/BTC-TCNH year 2024...Download
How does xoilac tv trực tiếp bóng đá hôm nay Ministry of Finance of Vietnam respond to xoilac tv trực tiếp bóng đá hôm nay proposal to expand xoilac tv trực tiếp bóng đá hôm nay beneficiaries of student loan credit? (Image from xoilac tv trực tiếp bóng đá hôm nay Internet)
Is income from loan interest subject to personal income tax in Vietnam?
Based on point a, clause 3, Article 2 ofCircular 111/2013/TT-BTC(amended by clause 6, Article 11 ofCircular 92/2015/TT-BTC) regulating taxable income, as follows:
Taxable Income
...
- Income from capital investment:
Income from capital investment is xoilac tv trực tiếp bóng đá hôm nay income an individual receives in xoilac tv trực tiếp bóng đá hôm nay following forms:
a) Interest received from lending to organizations, enterprises, households, business individuals, group of business individuals under loan contracts or agreements, excluding interest from deposits received from credit institutions, foreign bank branches as guided at point g.1, clause g, Article 3 of this Circular.
b) Dividends received from capital contribution to buy shares.
c) Profits received from participation in capital contribution to limited liability companies, partnerships, cooperatives, joint ventures, business cooperation contracts, and other business forms under xoilac tv trực tiếp bóng đá hôm nay provisions of xoilac tv trực tiếp bóng đá hôm nay Enterprise Law and xoilac tv trực tiếp bóng đá hôm nay Cooperative Law; profits received from participation in capital contribution to establish credit institutions under xoilac tv trực tiếp bóng đá hôm nay Law on Credit Institutions; capital contribution to securities investment funds and other investment funds established and operating under xoilac tv trực tiếp bóng đá hôm nay law.
Profit of private enterprises, one-member limited liability companies owned by individuals is not included in investment income for personal income tax.
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Thus, xoilac tv trực tiếp bóng đá hôm nay income an individual receives from loan interest is one form of investment income and is subject to personal income tax under xoilac tv trực tiếp bóng đá hôm nay law, except for interest received from credit institutions or foreign bank branches.
How to calculate personal income tax on loan interest in Vietnam?
According to xoilac tv trực tiếp bóng đá hôm nay regulations in clause 4, Article 10 ofCircular 111/2013/TT-BTC, xoilac tv trực tiếp bóng đá hôm nay personal income tax on loan interest that an individual has to pay is calculated as follows:
| Personal Income Tax Payable | = | Taxable Income | × | Tax Rate of 5% |
Where:
- Taxable income is xoilac tv trực tiếp bóng đá hôm nay interest xoilac tv trực tiếp bóng đá hôm nay individual receives from xoilac tv trực tiếp bóng đá hôm nay loan.
- xoilac tv trực tiếp bóng đá hôm nay tax rate applicable to income received from loan interest is based on xoilac tv trực tiếp bóng đá hôm nay absolute tax rate of 5%.
- xoilac tv trực tiếp bóng đá hôm nay time to calculate personal income tax on loan interest is when xoilac tv trực tiếp bóng đá hôm nay organization or individual pays xoilac tv trực tiếp bóng đá hôm nay income to xoilac tv trực tiếp bóng đá hôm nay lender.
