Arab Today, arab today ceiling of incometax exemption to egp 6500 in egypt
Last Updated : GMT 13:27:38
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Arab Today, arab today

Ceiling of income-tax exemption to EGP 6500 in Egypt

Arab Today, arab today

Arab Today, arab today Ceiling of income-tax exemption to EGP 6500 in Egypt

Prime Minister Ibrahim Mahlab
Cairo - MENA

The cabinet on Wednesday approved a proposal to push up the ceiling of exemption from the income tax to EGP 6,500.

Under the new decision, the workers of both private and public sectors who receive less than EGP 6,500 per month would be exempted from income taxation.

The decision is part of a plan to help the low-income citizens overcoming their daily challenges.

The plan includes adding the new born children to the supplies smart-card system and social insurance program.

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