Newsletter

Domestically developed ‘Nuriho’, heading back to space today

Completion of the erection of the Nuri launch pad The Korean launch vehicle Nuri (KSLV-II), developed with Korea’s own technology, takes off once again towards space. On the 21st, the Ministry of Science and ICT (Ministry of Science and Technology) and the Korea Aerospace Research Institute (Airspace Research Institute) will launch the second Nuri on […]

Tax evasion on the rise: GST department to be reorganized | Income Tax Fraud

Thiruvananthapuram: The government has finally decided to completely reorganize the state GST department. Though the GST was considered when it was implemented and announced in the last budget, it was delayed for various reasons. The Finance Ministry has given permission for the reorganization in view of the growing tax evasion and the fact that the […]

[속보]Choo Kyung-ho “Expansion of tax deduction for monthly rent and 15% of deposit, income deduction for deposit loan repayment from 3 million to 4 million”

Choo Kyung-ho, Deputy Prime Minister and Minister of Strategy and Finance, said, “To completely exempt the two-year residence requirement from transfer tax for win-win rentals, and to alleviate the burden on tenants, the tax deduction rate for jeon and monthly rent will be increased from 3 million won to 4 million won.” said. Deputy Prime […]

[유통중기 잔혹사②] 10 years as a medium-term suitable industry… Restaurants are occupied by ‘Chinese kimchi’

99.9% of kimchi imports come from China… Domestic mid-term industry is pushed by price competitiveness The market for makgeolli was reduced after the introduction of the system, but regained its place after 10 years Fermented food ‘jangryu and kimchi’, food hygiene management is important… Insufficient large-scale upfront investment Packaged kimchi on display at a large […]