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Minimum Wage Rises, Along With...
Baku / 18.06.19 / Turan: President of Azerbaijan Ilham Aliyev signed a decree on determining the minimum wage on Tuesday.
According to the document, from September 1, 2019, the minimum wage in Azerbaijan will be 250 manat ($ 147).
Currently, the minimum monthly salary is 180 manat ($ 105).
Along with the increase in the minimum wage, the amount of mandatory payments of individual entrepreneurs to the State Social Security Fund will also increase. It will rise from the current 36 manat ($ 21) to 50 manat ($ 30) per month.
Thus, for this category, payments to the State Fund will almost double from the beginning of the year.
Recall that in January-February the minimum wage was 130 manat ($ 76), and the size of payments to the State Fund was 26 manat ($ 15).
From January 1, 2019, many of this category of persons were removed from the simplified tax payers group and began to pay personal income tax, the amount of which is substantially larger.
The head of state also signed a decree on the increase by 40% from September 1 of the salaries of employees of a number of structures funded from the state budget.
In particular, enhancements are envisaged for the staff of the Presidium and the staff of the National Academy of Sciences, Heydar Aliyev Center, Scientific Center National Encyclopedia of Azerbaijan, Ataturk Center in Azerbaijan, State Archives of Azerbaijan and their district and city branches, Permanent Working Group of the State Commission to Combat Drug Abuse and Illicit Trafficking in Narcotic Drugs, State Film Fund of the Ministry of Culture of Azerbaijan, Media Support Fund under the President of Azerbaijan, Secretariat of the Council of State Support for NGOs under the President of Azerbaijan, Baku Center for Multiculturalism, and Science Development Fund under the President of Azerbaijan.
In addition, salaries of government employees financed from the state budget, but not being public servants, will rise by 40%.
Along with this, since September 1, the official salaries will be increased by an average of 20% for teachers of public educational institutions and vocational education, conducting a diagnostic assessment of knowledge and skills. -06D--
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