Photo taken on January 5, 2023 of a street in Tunis, Tunisia. (Xinhua/Xu Supei)
The 2025 finance bill should be submitted from this Wednesday to parliamentarians of the Assembly of People’s Representatives and the National Council of Regions and Districts, the two chambers of the Tunisian Parliament.
TUNIS, Oct. 16 (Xinhua) — The 2025 finance bill is expected to be submitted starting this Wednesday to parliamentarians of the Assembly of People’s Representatives and the National Council of Regions and Districts, the two chambers of the Tunisian Parliament .
According to the Tunisian Ministry of Finance, this is a text designed in particular to strengthen the components of the State, which defends more solid social development and brings increased awareness to vulnerable and low-income social groups.
Among the key measures are strengthening the social capacities of the State, supporting the purchasing power of citizens, continuing budgetary reform and supporting Treasury resources.
In addition, the new finance law will include measures to support institutional financing, encourage investments and other means to support the green economy and sustainable development, as well as measures aimed at integrating the parallel economy and fighting against tax evasion.
In the chapter of tax reforms, for example, the text proposes a new revision of the personal income tax scale, making it progressive according to the total net annual income of employees. This augurs a tax exemption for people whose annual income is equal to or less than 5,000 dinars (around 1,600 dollars), in addition to a reduction to 15% of the income bracket between 5,000 and 10,000 dinars (1,600 to 3,000 dollars).
The bill also proposes an increase in taxation to 25% for people whose annual income is between 10,000 and 20,000 dinars, to 30% for people whose annual income is between 20,000 and 30,000 dinars, to 33 % for an annual income between 30,000 and 40,000 dinars, 36% for an annual income between 40,000 and 50,000 dinars and 40% for an annual income exceeding 50,000 dinars.
