ANKARA - Parliamentary General Assembly approved the draft tax law lifting the implementations of financial zero and financial resource on Thursday.
The law envisaging amendments to laws no: 4306 and 4481, also lifted the implementation of living standards principle for incomes of 2002.
Under the law, the Council of Ministers was authorized to increase rates of special proceeding and special consumption tax.
The law cancelled the implementations of financial zero and financial resource.
It also includes a series of arrangements to increase budget incomes.