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Lithuanian President Gitanas Nauseda has proposed including nine legislative initiatives into the parliament's spring agenda, including a public procurement reform, reducing the scale of clearcutting and giving parents raising a child under 12 an additional day-off.
A faster increase in pensions, proposed by Lithuanian President Gitanas Nauseda, will cost the state an estimated 65 million euros in the next two years.
The Lithuanian Finance ministry proposes to raise excise duties on strong alcohol, tobacco and fuel, and expand the taxation of households’ non-commercial real estate in a move that is expected to bring an additional 61.5 million euros into the state's coffers next year.
The Parliament of the Republic of Lithuania approved an amendment to the Law on Personal Income Tax submitted by the Ministry of the Economy and Innovation, which lays down more favourable conditions for option taxation – employees who have retained the shares of the company acquired through options...
