Refined coal to be purchased at 50 percent discounted price

2020-12-02 13:53:03

Ulaanbaatar /MONTSAME/ At its regular meeting dated December 2, the Cabinet resolved to take several measures with a purpose to encourage citizens and entities. It includes:

- Refined coal will be purchased at 50 percent discounted price or MNT 75,000 per tons from December 3 to April 1, 2021. A total of 220 thousand households living in ger areas of the capital city consume 4,000 tons of refined coal a day and around 120 thousand tons of refined coal per month in wintertime.


- The cabinet previously approved a resolution with 23 measures to be taken in prevention of COVID-19 pandemic and to implement the measures some laws need amendments. Therefore, the cabinet decided to develop and submit draft laws to amend Corporate Income Tax Law and other tax laws in the first turn. For example, an amendment will be made so that a taxpayer who rents out a building or area for the purpose of shopping center, factory, service, private school, kindergarten and childcare service shall be subject to tax reduction, if it is confirmed he or she decreased the rental rate. The Cabinet resolved to submit a draft bill on exemption from overdue tax deferral and penalty until July 1, 2021. 

- The Cabinet decided to disburse MNT 3 billion from the Government Reserve Fund for isolation and disinfection works to be carried out in six aimags and the capital city, where COVID-19 infection cases recorded.

- A working group set up by the Cabinet is working in aimags where coronavirus infection cases confirmed and Gashuunsukhait, Shivkhuren, Tsagaannuur, Ereentsav and Zamyn-Uud border checkpoints in aims of improving supervision and inspection drastically.