A new amendment to the personal income tax law, which was approved by Mongolia’s State Great Khural (parliament) will come into effect from 1 January, 2018. Currently, the personal income tax rate stands at 10 percent. Under the new amendment, the rate will be increased by between 10-25 percent in 2018.
S.Batbold, Mayor of Ulaanbaatar met Li Jang Sung, president of Qingdao Construction Group and N.Batsumberel, director of Mongol Naadam Complex on 7th of November. During the meeting, construction of a new sports stadium was discussed.
This summer, G.Ariunbaatar won the Song Prize Trophy together with Scotland’s Catriona Morrison at the BCC Cardiff Singer of the World 2017. Today (7th of November), the young Mongolian singer presented one of his three cups from the renowned ‘BBC’ competition to M.Enkhbold, the Speaker of Parliament at State House.
B.Batzorig, Minister of Food, Agriculture and Light Industry has received H.E.Jiri Brodskiy, Ambassador of the Czech Republic to Mongolia. During the meeting, the two discussed projects implemented in the framework of the Czech’s government’s Mongolia Fund for the period 1996-2017.
A new amendment to the personal income tax law, which was approved by Mongolia’s State Great Khural (parliament) will come into effect from 1 January, 2018. Currently, the personal income tax rate stands at 10 percent. Under the new amendment,
The new hospital for the Mongolian National University of Medical Sciences (MNUMS) is expected to open in July 2018. Construction work has begun in the Bayanzurkh district of Ulaanbaatar.
Mongolian Airlines (MIAT), began opened a new direct flight route from Ulaanbaatar to Bangkok on 4 November. The new service is provided by a Boeing 737-800.
Toronto-based Steppe Gold is a precious metals exploration and development company focussing on opportunities in Mongolia. The company has filed a preliminary prospectus in connection with a proposed initial public offering (IPO) of its common shares.
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