The Senate has approved the Law on the Main Directions of Tax and Budget Policy for 2025.

The main tax rates for 2025 will remain unchanged. Specifically, the value-added tax will stay at 12%, the basic corporate income tax rate will be 15%, the personal income tax will be 12%, the property tax for legal entities will be 1.5%, the land tax for agricultural land will be 0.95%, and the tax for the use of water resources for irrigating agricultural land and aquaculture will be 100 sums per cubic meter. The social tax will remain at 12% (25% for budget organizations), while the turnover tax will be 4%.

The adoption of this law facilitates the orderly fulfillment of tax obligations, creating more favorable conditions for entrepreneurs.

While maintaining the current tax rates within the tax policy for 2025, special attention has been given to promoting a healthy lifestyle and stimulating environmental protection.

To improve conditions for entrepreneurs and reduce the tax burden, the excise tax on mobile communication services will be abolished starting January 1, 2025. Additionally, from January 1, 2025, to January 1, 2029, publishing and printing enterprises will be exempt from corporate income tax.

The law also expands the powers of local Kengash of people's deputies regarding the management of local budgets. They are granted the authority to set fixed tax rates for individual entrepreneurs within minimum and maximum values based on the level of economic development of the territories. Furthermore, they will be able to apply increasing and decreasing coefficients to the tax rates for the use of water resources and for the extraction of construction materials from subsoil.

Senators noted that the law pays special attention to issues concerning the expansion of the budget's revenue base, the promotion of a healthy lifestyle, and environmental protection.

As a result of the discussions, the law was unanimously approved by the senators.