President Klaus Iohannis on Thursday promulgated the law raising the ceiling up to which pension income is non-taxable, from 2,000 lei to 3,000 lei.
Law amending para. (1) of art. 100 of Law no. 227/2015 on the Tax Code and the establishment of some tax measures was adopted by the Chamber of Deputies on September 3.
"The monthly taxable income from pensions is established by deducting the monthly non-taxable amount of 3,000 lei from the pension income," the law stipulates.
Also, by derogation, these provisions enter into force on October 1, 2024, and apply starting with the income for the month of October 2024.
"Starting with the pension income for the month of October 2024, the monthly non-taxable ceiling provided by Art. 101 para. (2) letter a) of Law no. 227/2015 on the Tax Code, as amended and supplemented, is 3,000 lei," the law also reads.
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