RATES
MEASUREMENT GUIDELINES FOR BUSINESS COMPLIANCE
SW NIHAO Newsletter Edition No.21 – January 2024
1 file(s) 2 MB
- EFFECTIVE RATE OF EMPLOYEES WITHOLDING TAX 2024
The government issued the updated regulation of Income Tax Article 21 for permanent employees to simplify tax calculation and ease the compliance of tax obligations for taxpayers. - INTEREST RATE, THE GRAVITIONAL FORCE IN FINANCE
Interest rate plays a role in determining the investor’s expected return as a benchmark that is expected to be received above its rate. - RATE OF SOCIAL SECURITY FOR HEALTH AND EMPLOYMENT
Social security programs are mandatory for participants, which are required to be registered gradually in Article 14 of UU Number 24 Year 2011. - RATE OF PROVINCIAL MINIMUM WAGE 2024
Provincial Minimum Wages for 2024 have already been decided to provide fair and sustainable wages for manpower with a legal basis of government regulation (PP Number51Year2023).