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Armenia's Parliament Adopts Law Envisaging Increase Of Minimal Salar

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  • Armenia's Parliament Adopts Law Envisaging Increase Of Minimal Salar

    ARMENIA'S PARLIAMENT ADOPTS LAW ENVISAGING INCREASE OF MINIMAL SALARY SINCE JAN 1, 2008

    ARKA
    Nov 6, 2007

    YEREVAN, November 6. /ARKA/. Armenia's parliament at the second
    reading adopted the law envisaging increase of minimal salary since
    January 1, 2008.

    Minister of Labor and Social Affairs Aghvan Vardanyan said that the
    minimal salary in the republic is intended to increase from AMD 20ths
    to AMD 25ths.

    Minister also adopted the bill of amendments to the law on income tax,
    according to which from January 1, the size of non-taxable monthly
    incomes will make AMD 25ths instead of present AMD 20ths. ($1 -
    AMD 325.36).
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