Explore stories from Atlantic Canada.
Halifax Regional Police release Dartmouth suspect’s name and photo | SaltWire #news #novascotiaRIO DE JANEIRO/BRASILIA - Brazil's Senate on Tuesday approved a bill maintaining tax incentives for the meetings and conferences sector until the end of 2026, which now needs President Luiz Inacio Lula da Silva's approval to become law.
The bill, which had already been approved by the Lower House, sets a total cap of 15 billion reais for post-pandemic tax benefits granted to the event industry through the so-called PERSE program, valid until the end of December, 2026.In December, Lula's administration introduced an executive order aimed at limiting benefits across various sectors and ensuring fiscal compensation, including a significant downsizing of the PERSE program, targeting its elimination by 2025.
The measure, which required subsequent approval by Congress, was strongly rejected by lawmakers, complicating the economic team's efforts to achieve the fiscal target of erasing the primary deficit this year. The leftist government then started negotiating some kind of limitation to the program, which resulted in the bill that was approved by Senate unanimously.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive-China's SAIC aims to slash jobs at GM, VW ventures and EV unit, sources sayExplore stories from Atlantic Canada.
Read more »
Residence of Libyan PM targeted with RPGs, no casualties reported, minister saysExplore stories from Atlantic Canada.
Read more »
Japan's service-sector sentiment hits more than three-decade highExplore stories from Atlantic Canada.
Read more »
Tennis-Sinner relishing the moment after magnificent Miami performanceExplore stories from Atlantic Canada.
Read more »
Japan's finance minister sees 'speculative' moves in currency marketExplore stories from Atlantic Canada.
Read more »
Dollar steady as PCE data sets up June rate cut bets; yen in focusExplore stories from Atlantic Canada.
Read more »