The Treasury Department cuts the subsidy on Magna gasoline and diesel

The Treasury Department cuts the subsidy on Magna gasoline and diesel

MEXICO CITY (apro).- The Ministry of Finance and Public Credit (SHCP) announced that it has cut the amounts of the fiscal subsidy for the Special Tax on Production and Services (IEPS) and the reduced rates for Magna gasoline and Diesel. The tax adjustment was published this Friday by the SCHP in the Official Gazette of … Read more

Income and expense goals are exceeded

Income and expense goals are exceeded

From January to May 2024 he federal government reported Three billion 222 thousand 382.7 million pesos in income budgetaryhigher than programmed by 87 thousand 411.1 million pesos, which represented a increase of 5.4 percent. These increases in income to public coffers were due to Greater oil revenues were obtainedof 473 thousand 551.9 million pesosand 12.7 … Read more

Private companies increase fuel imports during the six-year term

Private companies increase fuel imports during the six-year term

Despite the lack of new permits and restrictions that the government has imposed on the fuel import by private businessesare They managed to multiply the volume of product brought into the country. According to historical data from Energy Information System (SIE) of the Secretary of Energy (Sener)between January and April 2018, the last year of … Read more

The financial cost of debt increases in the 1st quarter of 2024

Private companies increase fuel imports during the six-year term

During the month of April 2024 the federal government paid 84 thousand 614.3 million pesos for debt servicewhich represented a 18.6 percent reboundcompared to what he paid the same month a year ago. According to Report on Public Finances and Public Debtfrom Secretary of Financein its accumulated from the first four months of the yearthe … Read more

Treasury guarantees financial discipline; call with investors

Private companies increase fuel imports during the six-year term

Al confirm that he will head the Ministry of Finance indefinitely, Rogelio Ramírez de la O He said he will work with the next administration on the fiscal, macroeconomic discipline and the rule of law. In a call to investorsbefore the volatility recorded in financial markets after they met Sunday’s election resultssaid will make sure … Read more

Controversial Senate concludes, ignoring contempt; violated the Constitution 48 times

Private companies increase fuel imports during the six-year term

The generation of senators of the Republic who concludes their regular work today, Tuesday, made history for violating the law on 48 occasions. Constitutionby approving 35 laws challenged before the Supreme Court of Justice of the Nation (SCJN), leaving seven State institutions without appointments, failing to comply with their transparency obligations, refusing to issue three … Read more

New government will find public finances tight: Experts

Private companies increase fuel imports during the six-year term

Carry out tax reform what increase public revenuecoupled with actions such as profound changes in the Pemex operationhe pension payment and of financial cost of debtraise the balances of the stabilization funds to deal with falls in public revenues, and review the operation of flagship worksare the main challenges of the next federal administration in … Read more

Annual declaration: what are tax-deductible personal expenses?

Annual declaration: what are tax-deductible personal expenses?

MEXICO CITY (apro).- Individuals have the right to present personal deductions, expenses that may decrease the cumulative income in the annual tax return. According to the Tax Administration Service (SAT), there are several personal deductions, which are the following: Related news Health: Medical, dental and professional services fees in psychology and nutrition. They are deductible … Read more

The government proposes increases in 2025 for the Elderly Pension and Benito Juárez Scholarships

The government proposes increases in 2025 for the Elderly Pension and Benito Juárez Scholarships

MEXICO CITY (apro).- The Ministry of Finance and Public Credit (SHCP) delivered to the Chamber of Deputies the 2025 Pre-Criteria where it foresees a GDP of 2.5%, lower than the estimate in 2024 of 3 percent, as well as an increase in social programs of the federal government. According to the Pre-Criteria 2025 document sent … Read more

SAT extends hours for the Annual Declaration; These are the days and requirements

SAT extends hours for the Annual Declaration;  These are the days and requirements

MEXICO CITY (process.com.mx).— The Tax Administration Service announced the extension of service hours so that legal entities can comply with the requirement of submitting their annual declaration. The agency recalled that the 28th and 29th (Holy Thursday and Good Friday) are non-working days, so, for any questions or clarifications, it recommended approaching the service modules. … Read more