Congress has approved the Budget for 2013 and published in the Official Gazette on 13 December 2012. In new budget some changes has approved:
The corporate income tax rate it will reduce to 29% as from 2014 but 4.9% income tax withholding rate will remain same and it will applicable to interest paid to banks resident in countries. The credit of 50% of the tolls paid for the use of highways, applicable to taxpayers engaged exclusively in public and private overland transportation and for customs processing fees on imported natural gas.
