Pensions, around the world, are no big deal. In fact, in some countries, they are so low that they are below minimum wage and do not cover basic needs.

Thursday, 28 April 2022 20:41

EY-important aspects of tax returns

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According to a study prepared by the firm EY, every year, salvadorans must declare their Income Tax (ISR), however, this is a topic that is not very clear and that generates doubts for many.

Citizens who have not yet filed the Income Tax Return corresponding to 2021 still have seven days to do so. Next may 2 is the deadline to do so, informed the Ministry of Finance, through the Dirección General de Impuestos Internos (DGII).

The deputies of the Financial Commission said this morning that they are seeking to present, before the Legislative Assembly, a bill that deals with the digitalization of checks, after analyzing the need for it and the benefits that this type of method would bring to the population.

The Minister of Finance, Alejandro Zelaya, said in a morning interview that, during january and february 2022, they had registered around US$200 million in tax collection, and as of march, the institution had already collected more than US$300 million of what had been projected.

The Ministry of Finance (MH), invites salvadorans to pay their taxes on time, since with this procedure the Central Government can manage projects that benefit education, security, health and road infrastructure.

The Superintendencia del Sistema Financiero (SSF), indicates through its Twitter account that savings accounts showed a growth of US$637.2 million compared to the same period last year, as a positive indicator of the soundness of banking in the country.

According to the International Monetary Fund (IMF), governments around the world have made extraordinary expenditures to help households and employers cope with the economic effects of the pandemic.

Wednesday, 20 April 2022 02:43

Corn futures hit highest price since 2012

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According to Bloomberg Line magazine, corn has continued to rise to the highest level in a decade as investors weigh threats to supplies from the war in Ukraine and the prospect of it bolstering demand for the U.S. crop.