“The reform will be very well received by business people.” content Louis Caputo During his speech at the annual FIEL conference at the Buenos Aires Stock Exchange. The minister was alluding to labor reform, one of the chapters that the Miley administration considers essential for moving forward in the coming weeks.
The head of the economy did not mention the CGT or any other trade union. The government took the decision to divide sectoral preparations and negotiations to advance the labor reform bill.
The government accelerates labor reform, despite union resistance
The government is fully rushing to close the year with a half-penalty on labor reform. So that it can begin to be discussed in the Senate yet Lawmakers replaced on December 10 (The date Miley chose to start special sessions, with more lawmakers) should be sent in early December.
As reported by iProfesional, Bullrich hopes to collect the votes in the Senate to award him Half of the penalties for labor reform between December 10 and 31 We leave it ready to obtain final approval from the representatives within The second part is exceptionalwhich would start End of January and extends until February.
In this context, the head of human development said: sandra petofilo, and the Minister of Deregulation, Federico Sturzenegger, serve on the editorial board with the Minister of Labour, Julio Cordero.
In addition to Caputo’s contribution, Diego Santelli’s political influence will be essential in negotiations with state governors In order to approve the project in Congress.
The government is also working on “There are no ghosts” to sabotage the project. It has become clear in the past few hours that one of the articles will include extending the working day, but the editorial office categorically rejects this.
The government intends for the labor reform to be approved in Congress during the extraordinary sessions starting on December 10, with the convening of the new Assembly of Representatives and the Senate, which is more favorable to the ruling party.
Keys to the labor reform project
Compensation, central point
On the economics side, the focus will be on employer fees. The key issue is that this decline does not lead to a freeze in Treasury funding, as actually happened in the 1990s.
this time A new incentive system for new recruitment will be proposedWhich leads to an increase in employment “empty”This compensates for the decrease in business fees.
In line with this research, The initiative will also be recreated “Mandatory Stop Fund”, Which helps reduce costs and puts a lid on the experimental industry, This affects large companies and small and medium-sized companies alike.
As a focal point, the project will include a maximum compensation cap, equivalent to ten salaries. The current employment contract law stipulates compensation for one month’s salary for every year or part exceeding three months, without a maximum limit.
On account basis, The project also excludes the bonus from the calculation basesuch as rewards, prizes, or food vouchers.
Another discussion that is being raised is creating a special system so that SMEs can do this Compensation is paid in installments of up to 12 installments (adjusted for inflation and an additional two or three points annually) to avoid the collapse of these companies.
Limitation of experimental industry
Javier has already promised Miley in the different areas he wants Eliminate the “government industry.”
A confidential report from consultancy Synopsys, written by political scientist Lucas Romero, argues that the chapter on the trial industry will be centered on capping companies’ legal costs.
- The goal is to unify the interest calculation, and the amounts of labor claims will be limited.
- The goal is to limit the court interest that business loans (amounts generated by business debts in court) can accumulate. Rate of “CPI change +3% per year”.
- next to, A maximum of 25% is set on the penalty amount for fees and costs.
Income tax: major change for employees
Unlike what happened in recent decades with income tax, The idea of government is Significant increase in the possibility of discounting items, in the case of human subjectsThis is to encourage tax payment.
Research is that More workers join formal work, Without fear that the state will take a large part of your pocket salary.
The new law “will allow anyone to pay dividends Deduct everything from your coffee maker to your mortgage payment.” Kabuto offered.
The key to defining relates to the limit of these deductions. Currently, some of the applicable limits have remained unchanged despite the rise in inflation, which is why the possibilities of tax deduction have remained marginal.
A symbolic example of this is the issue of mortgage loans, whose deduction from profits was frozen for two decades.
Another example was published by the Professional Council of Economic Sciences of the City of Buenos Aires: Maximum deductible amount “Vehicle maintenance and operation expenses” Provided that they are vehicles whose use is the main purpose of the economic activity being carried out, and have been installed in $7,200 since 1998.
For this reason, the government and experts will have to review the new project closely. Don’t let it be, at this point, there is more noise than nothing.
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