News n.2/2024
On Dec. 30, 2023, Law No. 213 on the "State Budget for the financial year 2024 and multi-year budget for the three-year period 2024-2026" was enacted. It came into effect on January 01, 2024, except for the provisions in paragraph 296, which came into effect on December 30, 2023.
The Budget Law this year was divided into two Sections:
Section I, consisting of a single article and 561 paragraphs, containing quantitative measures for achieving programmatic goals;
Section II, consisting of 20 articles, containing the approval of the estimates.
Below we summarize the most important labor and welfare measures.
Summary:
Confirmation of the tax wedge cut
Exemption threshold of fringe benefits
Deduction of productivity bonuses
Decontribution of mother workers
Measures for parental leave
Daycare Bonus
Apprenticeship measures
Relief on hiring of women victims of violence
Disability policies
Supplementary treatment in the tourist-hotel industry
Combating tax and contribution evasion in the domestic work sector
Restriction on offsetting INPS and INAIL credits.
Fund for employment crises in the publishing industry
Measures for the health care of cross-border workers
ISCRO Measures.
Increased contributions to the Separate Management Fund
Extension of social shock absorbers
Contributory redemption periods not covered by contributions
Pension revaluation
Contributory pensions: requirements, commencement and measurement
Women's Option
Share 103
Social APE
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Confirmation of the tax wedge cut (Art. 1 para. 15)
For pay periods from Jan. 1, 2024 to Dec. 31, 2024, as an exception, an exemption on the employee's share of social security contributions for disability, old age and survivors is granted: