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Japan's PM plans an income tax cut for households and corporate tax breaks_我的网站

A | TOKYO -- Japan's Prime Minister Fumio Kishida said Monday he is preparing to take bold economic measures, including an income tax cut for households hit by inflation and tax breaks for companies to promote investment, in what's seen as a move to lift his dwindling public support.In his speech to start a new Parliamentary session, Kishida said it was time to shift from an economy of low cost, low wages and cost-cutting to one backed by growth led by sustainable wage hikes and active investment.“I'm determined to take unprecedentedly bold measures,” Kishida said, pledging an intensive effort to achieve stronger supply capability in about three years. “I will put more emphasis on the economy than on anything else.”He said he is determined to help people ride out the impact of soaring prices for food, utilities and other costs that have exceeded their salary increases, by implementing income tax cuts. He also pledged to introduce corporate tax incentives to promote wage increases, investment and optimization. Previously, Kishida had been considered reluctant to cut taxes because his government must find the funds to double Japan's defense budget within five years as planned while also trying to counter the impact of Japan’s low birth rate and rapidly declining population.Kishida's pledge on tax breaks has been criticized by opposition leaders as a vote-buying attempt because the proposals surfaced just before two by-elections held on Sunday that were seen as a litmus test for potential snap elections. His Liberal Democratic Party secured a parliamentary seat representing Nagasaki in Sunday's vote but lost in a combined district in Kochi and Tokushima to a candidate backed by the main opposition Constitutional Democratic Party of Japan. “The results clearly show that many voters are dissatisfied by the government's delayed economic measures to tackle rising prices," said Jun Azumi, a senior CDPJ lawmaker. Kishida told reporters that he takes the results seriously and that he will tackle important policies one by one. “Now is the time for me to focus on that, and I'm not thinking about anything else,” Kishida said, denying that his tax cut proposal was related to elections.The tax cuts would be part of a new economic stimulus package he plans to announce by the end of the month. On the diplomatic front, Kishida in his speech reiterated the need to strengthen Japan’s military, given conflicts that are underway elsewhere, such as Russia’s invasion of Ukraine and the war between Israel and Gaza's militant Hamas rulers. Kishida also urged China to immediately lift its ban on Japanese seafood imports imposed in August when the tsunami-wrecked Fukushima Daiichi nuclear plant started releasing the treated radioactive wastewater into the sea. The government is working to find new markets for the Japanese fishing industry that are less reliant on China, Kishida said.。 Some wishes don't take too much time to be fulfilled and Sreeleela would attest to that! Her debut film in Hindi, Tu Meri Zindagi Hai, opposite Kartik Aaryan is yet to be released, but that’s not stopping her from signing all happening films. She did not enjoy a favourable stint in Tollywood of late, but the actress isn’t in a mood to hold back. According to reports, Sreeleela has joined the cast of Hindi film, Choomantar. Sreeleela to replace Ananya Panday Choomantar, an upcoming fantasy romantic drama, stars Abhay Verma. The film initially featured Ananya Panday as the leading lady. The makers were planning to commence shooting in January 2026, but the dates will come in clash with that of Ananya’s other film, Call Me Bae 2. The development prompted her to exit the project. And according to grapevine, Sreeleela has landed the role. The actress recently took part in a test photoshoot too and the makers expressed gladness with her casting. The actress too found her role and story to be captivating and is all excited to work with the team. Ever since Sreeleela debuted opposite Kartik Aaryan in Hindi, she has been picking versatile roles that gives her scope to showcase her acting skills. Sreeleela taking rapid strides Sreeleela is wasting no time before making rapid strides in Hindi. After her debut film Tu Meri Zindagi Hai, she signed another film with Maddock Films, one of the top production houses in the industry. The actress is paired opposite Ibrahim Ali Khan in an upcoming Hindi film, Diler, which is currently in production. And now, she has reportedly secured Choomantar, adding to her growing Bollywood lineup. Sreeleela may be new to the Hindi films, but she’s already learnt the ropes of the industry and is earning praise for it. Also Read: VIRAL: Kartik Aaryan and Sreeleela Celebrate Ganesh Chaturthi Together。
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