The new Budget Law introduces significant changes for 2025, including a baby bonus of €1,000 for newborns with an ISEE under €40,000, an increase in minimum pensions by just €3, and a tax wedge cut for salaries up to €40,000. Additionally, there are confirmed tax breaks for hiring young people and women, alongside a cap on public managers' salaries reduced to €160,000. The Superbonus credits can now be spread over ten years, benefiting taxpayers with lower tax capacity.
The Italian government has approved the 2025 Budget Bill, allocating significant funds for healthcare and social security reforms while postponing structural changes to the pension system. Key measures include maintaining early exit channels for workers, enhancing incentives for continued employment, and promoting supplementary pension plans for younger individuals. The government aims to balance fiscal responsibility with improved social security coverage amidst ongoing debates about retirement age and contribution requirements.
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