The president signed a law that regulates the following indicators effective from January 1, 2024
- The minimum monthly wage is KZT 85 000;
- The minimum amount of the state basic pension payment is KZT 28 215;
- The minimum pension amount is KZT 57 853;
- Monthly calculation index for calculation of benefits and other social payments, as well as the application of penalties, taxes and other payments in accordance with the legislation of the Republic of Kazakhstan KZT 3 692;
- The subsistence minimum for calculating the size of basic social payments is KZT 43 407;
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We would be pleased to discuss with you the above amendments and how they may impact your business.
If you are interested in getting additional information, please contact PwC specialists working as part of a group serving your company, or to any of the persons listed here.