Law Amending the Unemployment Insurance Law and Certain Laws was published in the Official Gazette numbered 32449 on February 3, 2024.

The purpose of the Law is to make arrangements for short-time working allowance in general.

The related Law entered into force by amending the additional article 2 of the Unemployment Insurance Law dated August 25, 1999 and numbered 4447 ("Unemployment Insurance Law").

The 2024 minimum wage support has come into force with the Law No: 7417 published on the Official Gazette dated 03 February 2024 and numbered 32449.

Based on that, in case that all conditions are met, the minimum wage support will be automatically deducted from the social security premium payments on the upcoming periods by the Social Security Institution without any application.

"Regulation Amending the Regulation on the Sectors of Labor" was published in the Official Gazette numbered 32438 on January 23, 2024.

The purpose of the Regulation is to make amendments to Article 4 of the Regulation on the Sectors of Labor, titled "Determination of the line of business to which the workplace belongs".

According to the Circular dated January 5, 2024 and numbered 27998389 - 010.06.02 - 2774790 published by the Ministry of Treasury and Finance with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a public officers have been revised effective January 1, 2024.

Income Tax Exempted Severance Pay