South Korea's financial regulator said Monday that it plans to introduce special investment savings accounts for individuals in 2016 that offer tax incentives, the latest move aimed at helping meet growing welfare costs and funneling more money into the capital market.
According to the Financial Services Commission, the Individual Savings Accounts (ISA) will be introduced by 2016 after existing financial products with tax benefits and related tax codes are revamped.
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Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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