BREAKING NEWS

Here is the "big American punch" in the face of Sali Berisha, Ilir Meta and Edi Rama, the USA comes out on the side of Altin Duman, demands that the opposition distance itself from "non-women" and gives a strong message that misgovernance and corruptio...

Here is the "big American punch" in the face of Sali Berisha, Ilir
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BREAKING NEWS

Here is the contract in the hands of the prosecutors that is making the "hole" for Ilir Meta and Monika, the role of Kryemadhi's mother and brother Drini who received 360 million ALL from SGS, the 2 people who opened the former president's files in SPA...

Here is the contract in the hands of the prosecutors that is making the
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BREAKING NEWS

Ilir Meta accuses Zeni television of having received an order to close its doors, Monika Kryemadhi attacks her husband as a servant of Edi Rama

Ilir Meta accuses Zeni television of having received an order to close its
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BREAKING NEWS

Spartak Braho speaks without "gloves", here are the details from Ilir Meta's old illness, his maneuvers with the exception of Monika Kryemadhi and the strong behind-the-scenes happening inside the former LSI, from the departure of their safes associate...

Spartak Braho speaks without "gloves", here are the details from Ilir
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BREAKING NEWS

The judge who gave PD Sali Berisha before the vetting, here is the "crazy" wealth of Agron Zhukri, how he became a millionaire from his wife who cannot justify all her income with salaries and private activity, the "red flags" are revealed ” in KPK

The judge who gave PD Sali Berisha before the vetting, here is the
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BREAKING NEWS

Very good news for pensioners, here is what is being prepared with the new pension scheme, from indexation, compensations, changes in rural and urban areas to contributions for the self-employed in agriculture

Very good news for pensioners, here is what is being prepared with the new
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BREAKING NEWS

Ilir Meta does not stop, the threats to the head of SPAK continue: I will sew Duman for generations, if he is brave, let him...

Ilir Meta does not stop, the threats to the head of SPAK continue: I will sew
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BREAKING NEWS

This is why Europe has closed the doors to the escape of Meta and Kryemadhi, their "black" file of money laundering towards the end of the investigations, Altin Dumani and Sotir Kllapi are preparing the arrest warrants, the evidence and the witnesses w...

This is why Europe has closed the doors to the escape of Meta and Kryemadhi,
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Ekonomia

This is how much wages will increase from the tax reduction, the monthly income increase that employees will receive is revealed, the changes will be approved within this month and will come into effect in July

This is how much wages will increase from the tax reduction, the monthly income

The Minister of Finance is drafting some fiscal changes related to salary taxation, which are expected to be approved within this month and come into force in July. The increase in the upper limit of the salaries on which the tax is applied has been put on the table for discussion. So, if until now 23% tax is applied to salaries above 200 thousand ALL, one of the options is that this threshold goes up to 250 thousand ALL. Thus, from this initiative, employees with high salaries in the public or private sector will benefit from a tax reduction, which translates into an addition to the net monthly income they receive. A calculation is made of the tax currently payable between the two salary levels. So an employee, according to Scan, with a salary of 200,000 ALL pays tax of 22,100 ALL/month. Whereas, an employee with a salary of 250,000 ALL pays tax of 33,600 ALL/month. The difference between the two levels is 11,500 ALL, which is paid by employees with a salary of 250,000 ALL. If the same formula that is currently applied for salaries up to 200,000 ALL is followed, employees who are paid 250,000 ALL/month will pay zero tax up to 30,000 ALL and 13% of the amount from 30,000 to 250,000 ALL. So, for a salary of 250,000 Lek, the tax will be 13% of 220,000 Lek, or 28,600 Lek per month. In other words, an employee with a salary of 250,000 lek per month, until this level is intended to be raised, his net salary will be increased by 5,000 lek. The same calculation is made with other salary levels from 200 thousand ALL to 2500 thousand ALL, while until now, salaries above 200 thousand ALL are taxed at 23% for the amount that exceeds this level. Currently, 23,047 people, or nearly 1.7% of the total number of employees in the country, have salaries higher than 200 thousand ALL and their monthly income is taxed at 23%.

The economy grows

Meanwhile, INSTAT also mentioned the fact of salary increase in the public administration yesterday. According to their data, the fourth quarter of the year marked an increase in the economy by 3.8% compared to the same period a year ago. The data published by statistics institutes speak of an increased contribution of the construction sectors, the sale of properties as well as the increase of salaries in the public administration. According to INSTAT, Based on INSTAT data, the activity of real estate, arts, entertainment, information, trade, food accommodation or the field of insurance has also been increasing. While in strong decline throughout the last year, agriculture appeared, which only in the fourth quarter of the year suffered a decrease of 3.07% compared to the same quarter of 2022. "The main branches of the economy, for the fourth quarter of 2023 , compared to the fourth quarter of 2022, are shown as follows: The activity of Agriculture, Forestry and Fishing recorded a decrease of 3.07%. The activity of Industry, Energy and Water had a decrease of 2.03%. Construction activity had an increase of 10.80%. The group of activities Trade, Transport, Accommodation and Food Service had an increase of 0.38%. The group of activities Information and Communication appeared with an increase of 8.81%. Financial and Insurance activity has recorded an increase of 7.50%. Real Estate activity has recorded an increase of 10.33%. The group of professional activities and administrative services appeared with an increase of 10.78%. The group of activities of Public Administration, Education and Health appeared with an increase of 8.82%. The group of activities Arts, entertainment and recreation, Other service activities had an increase of 21.42%. Net taxes on products increased by 2.23%", says INSTAT. Despite the economic growth and the tourist boom with over 10 million foreigners visiting Albania last year, no increase in consumption has been recorded, as data show that consumption at the end of the year only increased by 1.5%, which is the lowest level since 2020. -s, when it was the period of the pandemic and the economy was closed. While throughout the year, the consumption of the population increased in total by 2.9%, from the 7.3% that increased in 2022.