The Lithuanian Ministry of Finance proposes to scrap a VAT exemptions for district heating, saying that a draft state budget for 2015 earmarks sufficient funds to compensate low-income families for increased heating bills. […]
National defence funding will be increased by 400 million litas (over EUR 115 million) next year, Lithuanian Prime Minister Algirdas Butkevičius said on Friday after the ruling coalition’s Friday discussion of the 2015 national budget. […]
Lithuanian Prime Minister Algirdas Butkevičius claims that the government is not planning to make any major changes to the tax system next year or introduce any new tax exemptions. He adds that a rise in the excise duty on alcoholic drinks is considered. […]
The Lithuanian government aims to achieve a budget surplus in 2016, Prime Minister Algirdas Butkevičius says. […]
MP Vytautas Antanas Matulevičius has proposed to introduce a 5-percent value added tax (VAT) rate on books and non-periodicals instead of the current 9 percent VAT rate. […]
According to preliminary data, in the first half of 2014 the budget deficit of the State Social Insurance Fund Board (SoDra) decreased by more than a third of a billion litas. […]
Based on data available to the Finance Ministry, in the first half of 2014, the state and municipal budgets collected LTL 11.488 billion (EUR 3.327 billion), i.e., 1.3 percent (LTL 150 million or EUR 44 million) more than projected and 11.8 percent more than last year. […]
Parliament Speaker Loreta Graužinienė claims that the minimum salary may be raised as soon as in the fourth quarter of 2014. […]
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