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New fiscal code swells the state revenues by one billion euros

The budgetary deficit will be accompanied by rough measures, and the new fiscal Code will increase the state revenues by one billion euros, which means a rise in taxation, the chairman of the Senate's Budget-Finance Commission Varujan Vosganian said on Wednesday.

'The budgetary deficit will go with some rough measures. It is possible that the pensions disconnect from the average salary. It is also expected that the new fiscal Code will swell the revenues by one billion euros', Varujan Vosganian said.

According to the source, the increase of the revenues through the measures forecast by the new fiscal Code will lead to a significant rise of the taxation.

 

Sursa: http://www.rompress.ro

Tags: billion revenues fiscal

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