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Those who are raising live silkworms at home are exempt from income tax.

An addition was made to the Tax Code.

Image of 'Those who are raising live silkworms at home are exempt from income tax.'

The Law signed by the President (№ ЎРҚ-1001, 15.11.2024) introduced additions to the Tax Code. The Ministry of Justice reported on this.

According to the Law, for the period from January 1, 2023, to January 1, 2026:

incomes derived from the activities of growing silkworms at home conditions (sericulture) by individuals will be exempted from personal income tax;

funds allocated for paying the labor of individuals engaged in sericulture at home conditions will be exempted from social tax;

land tax for plots of land used for mulberry fields will be calculated applying a coefficient of 0.1 to the established tax rates.

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