[You must be registered and logged in to see this image.]
Government taxes and deductions will be deducted 6.8% of employees' salaries
Baghdad / peace Zidane
Government taxes and deductions will be deducted 6.8% of employees' salaries
Baghdad / peace Zidane
MPs, yesterday, revealed that the salaries of staff cuts will reach 6.8%, during the current year, will go to support the displaced people and the popular crowd and income tax. They noted that the deduction will rise for those with higher grades, expecting to reach 12% of the total salary.
The MP said the bloc 's reform in parliament Zaher al - Abadi (range) " The staff cuts will be this year , 6.8% of the total salary."
Abadi and that " the deduction of 3.8% of the total salary will go to support the popular crowd and displaced persons, and 3% represents the income tax imposed by the government."
He said a member of the Oil and Energy Committee that "taxes on the citizen began to increase dramatically by raising the collection of electricity, telecommunications, water and hospitals , which will affect the lives of the people , " pointing out that " the state has resorted to quick fixes to resolve the crisis which is to raise taxes on citizens and increasing internal and external borrowing ".
Abadi stressed " the need to find a strategy that supports the state treasury solutions because it is unreasonable of the country lives in a financial crisis and the government is increasing deductions staff."
Article 33 of the Budget Law for the fiscal year 2017 the deduction of 3.8% of the total salaries and allowances for all state employees and the public sector and pensioners all proportion to bridge the budget deficit.
In turn , the parliamentary Economic Committee confirmed the interview MP Abadi deductions on high salaries to 6.8% during the current year.
The MP Najiba Najib, a member of the parliamentary Economic Committee, (range) that "deductions employees may sometimes up to 12%." She said Najib " The more functional class rise deduction ratio", noting that "all employees during the current year will charge of 3.8% of their salaries to support the displaced people and the popular crowd, which amounts to 1.75 trillion dinars."
She explained member of the Economic Committee that the "other deduction respect to retirement in addition to the deduction of income tax , which raises the deduction to more than 6% of the total salary , " pointing out that " the income tax applied to each employee his salary exceeds 750,000 dinars."
It was Abdul Razak al - Issa, Minister of Higher Education and Scientific Research, and Minister of Finance Agency, most likely delay the payment of salaries Altdresen in the last three months of the current year. Issa said that " the indicators that we have within the budget of 2017 refers to the probability that the last three months will see a problem in the process of paying the salaries of the teaching staff."
But Najib refuted talk Eisa confirmed that the salaries of employees fully insured , especially the economic situation in Iraq better than the last two years , which landed in which oil prices to $ 20 , while Iraq sells oil more than $ 40.
In the meantime, an economic expert said Thoraya Khazraji (range) that " the tax issue in a normal organization economies but Iraq 's economy distorted and dependent on oil and therefore mainly when tax increases and Alastqatat will affect the citizen."
Khazraji pointed out that "deployed in Iraq goods are imported and imposed taxes thus increased prices but offset by the deduction of employees ' salaries , which will affect the movement of the market in the current world."
An economic expert added that " the real income of the citizen will decrease and will affect the well - being , especially the poverty line , estimated at $ 1.5 , " indicating that " the government should find other solutions and not to increase the deduction of salaries and external borrowing , which will increase the burden on the citizen."
Khazraji and noted that " the oil money is entering the country and out of it at the same time to import goods without being taken advantage of it the economy , " asserting that " the recession will increase in the Iraqi market due to the increased deduction of employees."
The MP said the bloc 's reform in parliament Zaher al - Abadi (range) " The staff cuts will be this year , 6.8% of the total salary."
Abadi and that " the deduction of 3.8% of the total salary will go to support the popular crowd and displaced persons, and 3% represents the income tax imposed by the government."
He said a member of the Oil and Energy Committee that "taxes on the citizen began to increase dramatically by raising the collection of electricity, telecommunications, water and hospitals , which will affect the lives of the people , " pointing out that " the state has resorted to quick fixes to resolve the crisis which is to raise taxes on citizens and increasing internal and external borrowing ".
Abadi stressed " the need to find a strategy that supports the state treasury solutions because it is unreasonable of the country lives in a financial crisis and the government is increasing deductions staff."
Article 33 of the Budget Law for the fiscal year 2017 the deduction of 3.8% of the total salaries and allowances for all state employees and the public sector and pensioners all proportion to bridge the budget deficit.
In turn , the parliamentary Economic Committee confirmed the interview MP Abadi deductions on high salaries to 6.8% during the current year.
The MP Najiba Najib, a member of the parliamentary Economic Committee, (range) that "deductions employees may sometimes up to 12%." She said Najib " The more functional class rise deduction ratio", noting that "all employees during the current year will charge of 3.8% of their salaries to support the displaced people and the popular crowd, which amounts to 1.75 trillion dinars."
She explained member of the Economic Committee that the "other deduction respect to retirement in addition to the deduction of income tax , which raises the deduction to more than 6% of the total salary , " pointing out that " the income tax applied to each employee his salary exceeds 750,000 dinars."
It was Abdul Razak al - Issa, Minister of Higher Education and Scientific Research, and Minister of Finance Agency, most likely delay the payment of salaries Altdresen in the last three months of the current year. Issa said that " the indicators that we have within the budget of 2017 refers to the probability that the last three months will see a problem in the process of paying the salaries of the teaching staff."
But Najib refuted talk Eisa confirmed that the salaries of employees fully insured , especially the economic situation in Iraq better than the last two years , which landed in which oil prices to $ 20 , while Iraq sells oil more than $ 40.
In the meantime, an economic expert said Thoraya Khazraji (range) that " the tax issue in a normal organization economies but Iraq 's economy distorted and dependent on oil and therefore mainly when tax increases and Alastqatat will affect the citizen."
Khazraji pointed out that "deployed in Iraq goods are imported and imposed taxes thus increased prices but offset by the deduction of employees ' salaries , which will affect the movement of the market in the current world."
An economic expert added that " the real income of the citizen will decrease and will affect the well - being , especially the poverty line , estimated at $ 1.5 , " indicating that " the government should find other solutions and not to increase the deduction of salaries and external borrowing , which will increase the burden on the citizen."
Khazraji and noted that " the oil money is entering the country and out of it at the same time to import goods without being taken advantage of it the economy , " asserting that " the recession will increase in the Iraqi market due to the increased deduction of employees."
[You must be registered and logged in to see this link.]
Thu 16 Jan 2025, 7:36 pm by Bama Diva
» Central Bank: Closing the electronic platform enhances financial stability
Thu 16 Jan 2025, 6:34 pm by Bama Diva
» UGT donates feasibility study to Iraq on bringing solar energy to homes
Thu 16 Jan 2025, 6:20 pm by Bama Diva
» "Oil Money Is Not Enough" Parliament's Finance
Thu 16 Jan 2025, 6:17 pm by Bama Diva
» "Oil Money Is Not Enough" Parliament's Finance
Thu 16 Jan 2025, 6:15 pm by Bama Diva
» Clarification of the importance of the Central Bank’s decision to ban the sale of real estate above
Thu 16 Jan 2025, 5:53 pm by Bama Diva
» Signing a memorandum of understanding with British Petroleum / BP regarding a program to evaluate th
Thu 16 Jan 2025, 5:47 pm by Bama Diva
» Al-Sudani receives in London the CEO of GE for the Europe, Middle East and Africa region
Thu 16 Jan 2025, 5:42 pm by Bama Diva
» Iraq, General Electric discuss energy initiatives
Thu 16 Jan 2025, 5:36 pm by Bama Diva
» Shell plans to increase investments in Iraq
Thu 16 Jan 2025, 5:16 pm by Bama Diva
» Iraq’s economic growth forecast for 2024: A promising path forward
Thu 16 Jan 2025, 5:13 pm by Bama Diva
» Parliamentary Finance: Banking reform enhances Iraq's global
Mon 13 Jan 2025, 3:28 pm by Bama Diva
» Localization.. Signs of positive development to support the national economy
Mon 13 Jan 2025, 3:14 pm by Bama Diva
» Experts call for activating the agriculture and industry sectors
Mon 13 Jan 2025, 3:03 pm by Bama Diva
» The Central Bank of Iraq directs banks to spread and expand their financial services
Mon 13 Jan 2025, 2:36 pm by Bama Diva
» Al-Sudani: British exports to Iraq exceeded $1 billion in 2024, and its companies concluded contrac
Mon 13 Jan 2025, 2:31 pm by Bama Diva
» Above $80.. New rise in oil prices
Mon 13 Jan 2025, 2:26 pm by Bama Diva
» Coordination Framework announces agreement to move forward with budget amendments to achieve "social
Mon 13 Jan 2025, 2:18 pm by Bama Diva
» I regret to inform you after 20 yrs of postings
Mon 13 Jan 2025, 2:23 am by KUANYIN
» Central Bank of Iraq sells over $1.16 billion in foreign currency
Sun 12 Jan 2025, 5:52 pm by Bama Diva
» Iraq-China trade cooperation reaches $50 billion in 11 months
Sun 12 Jan 2025, 5:45 pm by Bama Diva
» Salih: Iraq ranks first in the world in the concentration of natural resources
Sat 11 Jan 2025, 10:51 am by Bama Diva
» PM Advisor: The monetary enhancement mechanism will safeguard financial stability in the country
Sat 11 Jan 2025, 10:45 am by Bama Diva
» Government Adviser: Non-Oil GDP Growth in 2024 Reaches Unprecedented Levels
Sat 11 Jan 2025, 10:42 am by Bama Diva
» Parliament conforms to World Bank on the importance of government infrastructure in development
Sat 11 Jan 2025, 10:37 am by Bama Diva
» PM: Restructuring government banks to ensure the availability of capabilities and openness with glob
Sat 11 Jan 2025, 10:33 am by Bama Diva
» entral Bank: There is no financial problem threatening employees’ salaries and we have great capabil
Sat 11 Jan 2025, 10:25 am by Bama Diva
» Basra crude achieves weekly gains amid rising oil markets
Sat 11 Jan 2025, 10:10 am by Bama Diva
» The dollar falls against the dinar in Baghdad and Erbil with the closing at the beginning of the wee
Sat 11 Jan 2025, 10:06 am by Bama Diva
» PM Al-Sudani eyes tourism as a cornerstone of Iraq’s non-oil economy
Sat 11 Jan 2025, 9:57 am by Bama Diva
» PMF Chief: Iraq's armed forces at their strongest
Sat 11 Jan 2025, 9:43 am by Bama Diva
» INA discusses exchange rates files, foreign transfers, and housing initiatives with the CBI governor
Fri 10 Jan 2025, 6:29 pm by Bama Diva
» Government Adviser: Non-Oil GDP Growth in 2024 Reaches Unprecedented Levels
Fri 10 Jan 2025, 6:25 pm by Bama Diva
» Parliament conforms to World Bank on the importance of government infrastructure in development
Fri 10 Jan 2025, 6:20 pm by Bama Diva
» Iraq exports oil worth over $5 billion to US in 11 months
Fri 10 Jan 2025, 5:30 pm by Bama Diva
» Iraq’s Ministry of Oil announces 2024 petroleum product sales
Fri 10 Jan 2025, 5:25 pm by Bama Diva
» US dollar exchange rate continues to decline in Iraq
Fri 10 Jan 2025, 5:20 pm by Bama Diva
» Iraq completes 400-kilometer security border wall with Syria
Fri 10 Jan 2025, 5:15 pm by Bama Diva
» Iraq collaborates with Ernst & Young on state-owned bank reforms
Fri 10 Jan 2025, 5:07 pm by Bama Diva
» Kurdistan records a significant increase in the number of imported cars during 2024
Thu 02 Jan 2025, 4:01 am by Rocky
» The Ministry of Justice announces the implementation of the electronic payment system in all notary
Thu 02 Jan 2025, 3:59 am by Rocky
» The Ministry of Justice counts the achievements and activities achieved during the past year accordi
Thu 02 Jan 2025, 3:58 am by Rocky
» Central Bank: We have started working with the correspondent banking system
Thu 02 Jan 2025, 3:55 am by Rocky
» Is the Ministry of Finance hiding the facts?.. An expert reveals the main reason for the shortage of
Thu 02 Jan 2025, 3:53 am by Rocky
» Reconstruction: 2025 plan includes 70 external road projects
Thu 02 Jan 2025, 3:49 am by Rocky
» Economist: The government is obligated to pay salaries as it is a matter of fate
Thu 02 Jan 2025, 3:47 am by Rocky
» The Central Bank of Iraq opens new horizons in foreign transfers and enhances international financia
Thu 02 Jan 2025, 3:45 am by Rocky
» Judge Zidane and Al-Sudani are the first to disclose their financial assets in 2025
Thu 02 Jan 2025, 3:42 am by Rocky
» Oil Price: Trump's Team Considers 'Direct Sanctions' on Iraq That Will Hit Oil
Thu 02 Jan 2025, 3:40 am by Rocky
» Parliamentary Integrity: The amounts recovered from the “theft of the century” do not exceed 5%, and
Wed 01 Jan 2025, 3:04 pm by Bama Diva
» Dinars entering the Ministry of Finance are 20% less than the amount it needs.. Iraqis start their n
Wed 01 Jan 2025, 2:50 pm by Bama Diva
» Mazhar Saleh: No salary crisis and financial reserves cover liquidity completely
Wed 01 Jan 2025, 4:04 am by Rocky
» Central Bank announces major achievement in foreign transfers
Wed 01 Jan 2025, 4:02 am by Rocky
» Confirmation that America is putting pressure on Al-Sudani to transform the Iraqi regime into "secul
Wed 01 Jan 2025, 3:59 am by Rocky
» Warnings of the dangers of the Turkish-Zionist-American plan to destabilize Iraq
Wed 01 Jan 2025, 3:57 am by Rocky
» Expert: Iraqi economy is stable despite changes in the dollar market
Wed 01 Jan 2025, 3:56 am by Rocky
» Economist praises ASYCUDA automation system: A step towards achieving important resources
Wed 01 Jan 2025, 3:55 am by Rocky
» More than $60 billion in Iraqi currency auction sales in 2024
Wed 01 Jan 2025, 3:53 am by Rocky
» Is there a salary crisis in Iraq? Al-Sudani’s advisor explains
Wed 01 Jan 2025, 3:50 am by Rocky
» The Central Bank decides to suspend withdrawals and deposits for four days
Wed 01 Jan 2025, 3:46 am by Rocky
» Al-Sudani Office announces the implementation of the global ASYCUDA system to automate customs opera
Wed 01 Jan 2025, 3:42 am by Rocky
» The leaders “reconciled” and the amendment of the electoral law is “a done deal”.. What does this da
Wed 01 Jan 2025, 3:41 am by Rocky
» With the document .. MP Sand files a complaint against the Ministry of Finance .. for this reason
Wed 01 Jan 2025, 3:39 am by Rocky
» Parliamentary Finance: The government is working to enhance non-oil revenues
Wed 01 Jan 2025, 3:37 am by Rocky
» The 10 most indebted Arab countries in 2024.. This is Iraq's rank
Wed 01 Jan 2025, 3:35 am by Rocky
» utube 12/27/24 MM&C MM&C Iraq Dinar News-Iraqs Wealth Fund-National Currency-Arab World Volume Tra
Tue 31 Dec 2024, 7:42 am by Rocky
» utube 12/28/24 Iraq - CBI Governor Makes an Announcement, Digital Banking Expansion
Tue 31 Dec 2024, 7:41 am by Rocky
» utube 12/29/24 MM&C MM&C Iraq Dinar News-Digital Transformation-Global Economic Power-USA-Imminent
Tue 31 Dec 2024, 7:40 am by Rocky
» utube 12/31/24 MM&C MM&C Iraq Dinar News-Commemorative Coin?-Investment Attractive-Dollar Auction
Tue 31 Dec 2024, 7:40 am by Rocky
» Al-Sudani chairs expanded meeting to review Oil Ministry projects
Tue 31 Dec 2024, 7:35 am by Rocky
» Prime Minister stresses importance of investing best opportunities to maximize state revenues
Tue 31 Dec 2024, 7:27 am by Rocky
» Prime Minister's Office announces implementation of ASYCUDA global system for automating customs ope
Tue 31 Dec 2024, 7:24 am by Rocky
» Judiciary: Recovering 12 billion dinars for financial fraud crime
Tue 31 Dec 2024, 7:20 am by Rocky
» US-Iranian Tension: Iraq Between Competition and Mediation Role After Trump’s Return
Tue 31 Dec 2024, 7:14 am by Rocky
» MP confirms settlement of controversy over ministerial amendments
Tue 31 Dec 2024, 7:07 am by Rocky
» National Union: Time is no longer sufficient for the dialogue on the oil and gas law to mature
Tue 31 Dec 2024, 7:05 am by Rocky
» Economist: Relying on oil as a source of revenue will have serious consequences
Tue 31 Dec 2024, 7:03 am by Rocky
» Al-Maliki: Repeated amendments to the election law weaken voter confidence in the political process
Tue 31 Dec 2024, 7:01 am by Rocky
» Parliamentary Legal: Interrogating ministers and officials is still subject to political agreements
Tue 31 Dec 2024, 6:58 am by Rocky
» Due to the American veto, Iraq suffers from a weak armament in the face of regional developments
Tue 31 Dec 2024, 6:52 am by Rocky
» What is holding up the passage of the oil and gas law so far?
Tue 31 Dec 2024, 6:49 am by Rocky
» New Cabinet Resolutions Package
Tue 31 Dec 2024, 6:45 am by Rocky
» Experts speak to {Sabah} about the most important economic events in 2024
Tue 31 Dec 2024, 6:36 am by Rocky
» Al-Sudani stresses the importance of review and investing the best opportunities to maximize state r
Tue 31 Dec 2024, 6:30 am by Rocky
» With more than 30 billion dollars... a leap in the projects market in Iraq
Tue 31 Dec 2024, 5:15 am by Rocky
» Central Bank of Iraq sells about $290 million in currency auction
Tue 31 Dec 2024, 5:12 am by Rocky
» Customs: Our revenues increased by 128% during the current year
Tue 31 Dec 2024, 5:08 am by Rocky
» Our Economic and Financial Vision for 2025 in Iraq
Tue 31 Dec 2024, 5:05 am by Rocky
» How much of Iraq's electrical system has been lost due to the halt of Iranian gas?
Tue 31 Dec 2024, 5:02 am by Rocky
» $31.7 billion is the increase in the value of its market projects in Iraq
Tue 31 Dec 2024, 5:00 am by Rocky
» Turkmen gas will cover 50% of Iraq's stations' needs.. New details about the agreement
Tue 31 Dec 2024, 4:57 am by Rocky
» Basra-Haditha oil pipeline.. will go to 5 countries and this is its value
Tue 31 Dec 2024, 4:55 am by Rocky
» Early talk about postponing the elections is “evidence” of Iraq’s entry into the map of change in th
Tue 31 Dec 2024, 4:52 am by Rocky
» New details on the incident of the "death of a US National Guard soldier" in Iraq - Urgent
Tue 31 Dec 2024, 4:48 am by Rocky
» Economist: Iraq-Jordan oil pipeline enters implementation phase
Tue 31 Dec 2024, 4:45 am by Rocky
» International Report: 2025 will be the largest year for projects inside Iraq
Tue 31 Dec 2024, 4:42 am by Rocky
» Monetary policy collapses in Iraq.. Investment in banks is almost non-existent and the Central Bank
Tue 31 Dec 2024, 4:40 am by Rocky
» We have started preparing for next summer.. Electricity: The agreement to supply Turkmen gas will co
Tue 31 Dec 2024, 4:37 am by Rocky
» Former MP: Wrong timing hinders the passage of laws
Tue 31 Dec 2024, 4:35 am by Rocky