Balance of mandatory social contributions of the wage bill should be changed in favor of the employer, the chairman of the State Social Protection Fund (SSPF) Salim Muslimov said.
As he said at a press conference about the increase in the base part of labor pensions in the current rate of contributions for social insurance is 25 %, of which 22 % is paid by the employer, and only 3% is deducted from the salary of the employee.
"Also just and rational is the scheme "18 +7". Then the employers will voluntarily allocate funds not hiding the true size of their salaries," says Muslimov.
State Fund has taken the initiative to the government of the country in the hope that it is implemented by the beginning of 2014, the chairman of the fund said. - 17D-
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review