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![[Bills in Focus] Bills on construction defect liability, contracts - Vimarsana News](https://res.heraldm.com/content/image/2024/01/29/20240129000470_0.jpg?1)
Proposed Bill: Special Act on the Change of Jurisdiction of Hanam-gu from Gyeonggi-do to Seoul Metropolitan City Proposed by Rep. Lee Yong (People Power Party) ● This proposed bill backs up the ruling People Power Party's "megacity" scheme that intends to incorporate cities near Seoul into the capital administratively. The "megacity" scheme attempts to "merge areas where people live wi...
Over 3,700 high-income employees subscribed to the state-run health insurance scheme are earning more than 110 million won ($82,300) per month, paying a medical premium of 4 million won monthly, data showed Monday. The figure translates into an income of at least 1.32 billion won annually. As of October last year, 3,791 people were categorized as employed subscribers paying the maximum amount for health insurance pre...
Proposed Bill: Special Act on the Change of Jurisdiction of Hanam-gu from Gyeonggi-do to Seoul Metropolitan City Proposed by Rep. Lee Yong (People Power Party) ● This proposed bill backs up the ruling People Power Party's "megacity" scheme that intends to incorporate cities near Seoul into the capital administratively. The "megacity" scheme attempts to "merge areas where people live wi...
![[Bills in Focus] Substitute holidays, solid fuel restrictions, tech leak prevention - Vimarsana News](https://res.heraldm.com/content/image/2024/01/22/20240122000748_0.jpg?1)
Proposed Bill: Partial Amendment to the Act on Public Holidays Proposed by Rep. Yoo Gyeong-joon (People Power Party) ● The existing law does not specify a deadline for announcing the designation of substitute holidays, which has caused difficulties for people to plan for the holidays. Therefore, this amendment requires the government to designate substitute holidays at least two months (60 days) in advance except in...
The Korean government plans to expand tax incentives for the nation’s strategic technologies such as advanced chips and displays as part of a tax revision that takes effect next month. The Finance Ministry on Tuesday unveiled a set of tax reform plans, including tax cuts worth up to 950 billion won ($711 million) per year, in a bid to attract more investment into new growth drivers and boost the local economy. ...