The Ministry of Finance is considering three options for granting a RON 300 deduction to minimum wage earners so that all 1.8 million of them will get it, Finance Minister Marcel Bolos told a conference on Monday on the 30th anniversary of the National Union of Romania's Insurers and Reinsurers (UNSAR).
"There are two cumulative conditions: earning the minimum wage and no more than RON 4,000 in gross wage. We are doing an analysis at the Ministry of Finance because it involves an additional budgetary impact for the national budget. Our interest is for the 1.8 million minimum wage earners to have the same type of deduction. That is, the RON 300 should be available as tax-exempt deduction for all the 1.8 million. We have taken into account three scenarios: RON 4,100, RON 4,200 and RON 4,300 and we will decide as soon as possible so that we may get a proposal that is sustainable and does not affect the benefits, the rights of the 1,800,000 beneficiaries. The deadline is July 1," said Bolos.
He added that in addition to the wage, employees are receiving a food allowance worth RON 600, which increases wage income from RON 3,700 to RON 4,300.
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