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NA 2nd Reading on Amendments in Law on Min Monthly Salary,Income Tax

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  • NA 2nd Reading on Amendments in Law on Min Monthly Salary,Income Tax

    NATIONAL ASSEMBLY DISCUSSES IN SECOND READING AMENDMENTS ENVISAGED IN
    LAW ON MINIMUM MONTHLY SALARY AND LAW ON INCOME TAX

    YEREVAN, NOVEMBER 2, NOYAN TAPAN. Two bills prepared by the government
    that envisage amendments to the Law on Minimum Monthly Salary and the
    Law on Income Tax were discussed in second reading at the November 2
    special session of the RA National Assembly convened on the initiative
    of the Armenian president. Based on this, starting from January 1,
    2008, the minimum monthly salary and the minimum non-taxable income
    will be 25 thousand drams (about 76 dollars) instead of the current 20
    thousand drams.
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