Sunday, November 2, 2014

Finance ministry website to provide regular updates on enterprise-related charges



Finance ministry website to provide regular updates on enterprise-related charges

In order to increase the efficiency of the Management of Charges on Enterprises, the General office of the State Council follows a system of annual announcement of a directory of Enterprise-related charges. Although the charges are marked, some specific details of the policies are not clearly mentioned or understood by the Enterprises and members of public. The changes in the charging policies were not announced in a timely manner. Therefore, the Ministry of Finance aims to establish an official website for making public announcement of items of funds and charges and regularly publish the administrative charges approved by the Ministry of Finance and the National Development and Reform Commission. This system intends to reduce the burden on Enterprises. This directory could be easily updated when a change is made in the policies. After this system is implemented, every charging policy that is not included in this directory will be considered illegal.

Such a system helps in the development of Enterprises, especially small and micro enterprises. This method of announcement should be adopted by every country as it helps avoid confusion and illegal practices. 

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