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special consumption tax News

Budget posts 17 billion Turkish Liras of deficit in November

Budget posts 17 billion Turkish Liras of deficit in November
Debates on government’s 2025 budget set to start this week

Debates on government’s 2025 budget set to start this week
Budget deficit narrows in September, shows data

Budget deficit narrows in September, shows data
Auto industry revises forecasts due to weak demand in Europe

Auto industry revises forecasts due to weak demand in Europe
New bill aims to boost funds for defense industry

New bill aims to boost funds for defense industry
Central government budget deficit widens last month

Central government budget deficit widens last month
Şimşek to meet businesspeople over new tax package

Şimşek to meet businesspeople over new tax package
Central government budget posts surplus in May

Central government budget posts surplus in May
Türkiye imposes additional 40 percent tariff on Chinese cars

Türkiye imposes additional 40 percent tariff on Chinese cars
Budget posts deficit of 178 billion liras in April

Budget posts deficit of 178 billion liras in April
Budget deficit continues to widen in March, show data

Budget deficit continues to widen in March, show data
Carbon tax on fossil fuels on agenda

Carbon tax on fossil fuels on agenda
Authorities tightening inspections over tax evasions

Authorities tightening inspections over tax evasions
Car sales hit 300,000 in first quarter: Industry

Car sales hit 300,000 in first quarter: Industry
Auto market expands by 31 percent in February

Auto market expands by 31 percent in February
EV makers modify engines for Turkish market for lower tax

EV makers modify engines for Turkish market for lower tax
Vehicle sales remain strong, show industry data

Vehicle sales remain strong, show industry data
Budget deficit in 2023 less-than gov’t forecast

Budget deficit in 2023 less-than gov’t forecast
Tax on fuel and alcoholic beverages hiked

Tax on fuel and alcoholic beverages hiked
Central government budget swings to surplus in November

Central government budget swings to surplus in November
Budget deficit shrinks in October

Budget deficit shrinks in October
Gov’t targets 72 percent increase in tax income

Gov’t targets 72 percent increase in tax income
Turkish automotive sector beating 1 million milestones

Turkish automotive sector beating 1 million milestones
Long streak of auto price hikes may come to an end

Long streak of auto price hikes may come to an end
Central government budget posts surplus in August

Central government budget posts surplus in August
Budget posts 49 billion liras surplus

Budget posts 49 billion liras surplus
Govt signals comprehensive tax reform

Gov't signals comprehensive tax reform
Annual inflation climbs to 47.8 percent in July

Annual inflation climbs to 47.8 percent in July
Special Consumption Tax on natural gas, petrol hiked

Special Consumption Tax on natural gas, petrol hiked
Value-added tax on goods and services hiked

Value-added tax on goods and services hiked
Erdoğan pledges new tax exemptions for tradesmen

Erdoğan pledges new tax exemptions for tradesmen
Ministry to probe automotive market

Ministry to probe automotive market
EV sales may hit 40,000 this year

EV sales may hit 40,000 this year
Turks flock to Georgia to buy smartphones

Turks flock to Georgia to buy smartphones
Automotive sales pick up in December

Automotive sales pick up in December
Vehicle sales may hit 120,000

Vehicle sales may hit 120,000
Automotive market expanded 37 percent in November

Automotive market expanded 37 percent in November
New tax thresholds for cars unveiled

New tax thresholds for cars unveiled
New tax thresholds for cars may take effect in December

New tax thresholds for cars may take effect in December
Recession risks in Europe pose threats to local auto sector, says OSD head

Recession risks in Europe pose threats to local auto sector, says OSD head
Loan package welcomed by tradesmen unions

Loan package welcomed by tradesmen unions
Türkiye ranks first in aquaculture production in EU

Türkiye ranks first in aquaculture production in EU
Budget posts 64 bln Turkish Liras deficit in July

Budget posts 64 bln Turkish Liras deficit in July
CHP leader pledges support to farmers

CHP leader pledges support to farmers
Supply problems cause long waits for new passenger cars

Supply problems cause long waits for new passenger cars
President authorized to set tax on vehicles

President authorized to set tax on vehicles
CHP leader vows to reduce car sales tax

CHP leader vows to reduce car sales tax
White goods market contracts in first half

White goods market contracts in first half
Budget posts 94 billion liras surplus in six months

Budget posts 94 billion liras surplus in six months
Local electric car Togg given tax advantage

Local electric car Togg given tax advantage
Budget posts 30 billion liras in surplus

Budget posts 30 billion liras in surplus