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Ruling party falls short of self reform after election defeat

The ruling People Power Party s (PPP) former interim leader, Han Dong-hoon, is keeping a distance from President Yoon Suk Yeol after the party s crushing defeat in the April 10 gen.

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[Bills in Focus] Display of in-game items, future car development

Pending Bill: Partial Amendment to the Income Tax Act Proposed by Rep. Park Dae-chul (People Power Party) ●This amendment proposes canceling the planned implementation of the financial income tax system next year, which imposes a 20-25 percent tax on capital gains from investments in financial investment products, such as stocks, bonds and funds, that are worth 50 million won ($38,230) or more. The financial investm.

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Korea eyes more defense contracts with Poland once key law is revised

Korean defense companies breathed a sigh of relief as a law revision, intended to boost state-run Export-Import Bank of Korea s (Eximbank) equity capital, successfully passed the first round of voting at the National Assembly.

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[Bills in Focus] Stock investment promotion, wind power distribution

Proposed Bill: Partial Amendment to the Act on Restriction on Special Cases Concerning Taxation Proposed by Rep. Park Dae-chul (People Power Party) ● In consideration of the high interest rates and rising number of stock investors in the current economic landscape, this amendment proposes to cancel the upcoming implementation of the financial income tax system and maintain the current capital gains tax system. This .

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4-party MOU signed to promote health, happiness, peace for disadvantaged people

4-party MOU signed to promote health, happiness, peace for disadvantaged people
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