Minister of Finance Announces New Social Protection Package at Tax Association Conference

2024-01-13 13:28:00

03:28 PM Saturday, January 13, 2024

The Minister of Finance during the annual conference of the Tax Association

Books – Mustafa Eid:

Dr. Mohamed Maait, Minister of Finance, said that there is a presidential mandate to prepare a new social protection package that includes improving wages and pensions and raising the tax exemption limit again. To reduce the burden on citizens as much as possible.

According to a statement from the Ministry of Finance today, Saturday, the minister indicated his keenness to launch a community dialogue on the draft state budget for the fiscal year 2024-2025. To determine public spending priorities; In line with the strategic objectives of the new republic.

This came during the annual conference of the Egyptian Tax Association, headed by Dr. Ahmed Shawky, in the presence of Al-Shahat Ghatouri, Head of the Customs Authority, Anwar Fawzi, Head of the Real Estate Tax Authority, Rasha Abdel-Al, Acting Head of the Egyptian Tax Authority, and Hisham Al-Rijal, Advisor to the President of SUMED Company, Head of the Financial Sector.

The government implemented a package of social measures starting last October, which included raising the price allowance for employees of the state administrative apparatus, increasing the pension allowance, raising the tax exemption limit by 25%, and increasing Takaful and Karama pensions.

1705156280
#Preparing #package #increase #wages #pensions #raise #tax #exemption #limit

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.