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).