AT THE 21st-day meeting of the Second Pyidaungsu Hluttaw’s 13th regular session held yesterday, Hluttaw representatives discussed 2019 Union Tax Bill and Central Bank of Myanmar (CBM) Financial Policy Implementation Report and Financial Stability Report for Fiscal Year 2016-2017 and 2017-2018.
Parliamentary delegation trip to attend general assembly of 40th AIPA put on record
First Pyidaungsu Hluttaw Speaker U T Khun Myat announced a parliamentary delegation trip to attend the general assembly of the 40th ASEAN Inter-Parliamentary Assembly-AIPA held in Bangkok, Thailand from 25 to 30 August 2019. The 19-member parliamentary delegation consisting of seven Pyithu Hluttaw representatives, five Amyotha Hluttaw representatives and two State/Region Hluttaw representatives was led by Leader of the Advisory Team to Promote Legislative Capacity-Building Pyithu Hluttaw Representative Daw Su Su Lwin.
Pyidaungsu Hluttaw Speaker announced further on putting the parliamentary delegation trip on record.
Pyidaungsu Hluttaw discusses 2019 Union Tax Bill
Next Hluttaw representatives continue the discussion on 2019 Union Tax Bill.
In her discussion Daw Shwe Shwe Sein Latt of Bago Region constituency 3 spoke of businesses facing financial difficulties and tax relaxation during this period would be a remedial action prompting money to flow into the economy increasing total local purchasing power supporting economic development. The money that flow into the economy due to the tax relaxation should be used for investment in basic infrastructure development, job creation and works that support the increase in export.
U Ohn Lwin of Nyaungdon constituency on the other hand cautioned that the tax relaxation could be seen as favoring tax avoiders over honest and regular tax payers who pay their annual taxes. Care must be taken to ensure that tax relaxation moves do not change outlook of regular tax payers making them to see avoiding tax as a better alternative and suggested for this tax relaxation to be the final and the last one.
U Sai Ngaung Sai Hein of Maukmai constituency, U Nyan Lin of Shwepyitha constituency, U Win Htut of Pyapon constituency, U Than Soe ( a ) Than Soe (Economic) of Yangon Region constituency 4, Daw Wint War Tun of Shadaw constituency, Dr Than Aung Soe of Minhla constit-uency, U Khin Cho of Hlaingbwe constituency, U Kyaw Ni Naing of Shan State constituency 11, U Bo Bo Oo of Sangyaung constituency, U Khin Maung Myint of Kachin State constituency 9 and U Zaw Win of Htantabin constituency also discussed the 2019 Union Tax Bill.
Pyidaungsu Hluttaw discusses CBM reports
Afterwards U Khin Cho of Hlaingbwe constituency, U Kan Myint of Thayet constituency and U Bo Gyi of Chauk constituency discussed the CBM Financial Policy Implementation Report and Financial Stability Report for Fiscal Year 2016-2017 and 2017-2018.
The 22nd-day meeting of Second Pyidaungsu Hluttaw’s 13th regular session will be held on 9 September.
Aung Ye Thwin, Aye Aye Thant
(Translated by Zaw Min)
