News

SSI has issued an announcement as regard to application details and starting date of state support on minimum wage on 5th February 2016, stating that the first premium set-off will be in March. Pursuant to Provisional Article 68, that has been appended to Social Security and General Health Insurance Law …

Working class in Turkey isacquainted with first time introduced rights concerning their working times after birth and adoption. Turkish mothers have sixteen weeks statutory maternity leave and may take an additional unpaid leave up to six months starting from this period. There were no arrangements concerning the leaves or pays …

Law on Amending Military Service Law and Some Other Laws, No. 6661 has been issued in Official Journal No. 29606, dated 27 January 2016 and is in effect as of 1st January 2016. We informed you recently, the article 17 of above said (colloquially known) bag law thatarranges theprocedures and …

Nursing benefit (colloquially known as “milk money”) is a lump-sum payment made to the insured nursing mother or to the male insurance holder due to his not insured spouse giving birth, to help them to feed their infants. The amount of the benefit isdetermined by the Board of Directors of …

Funeral benefits a lump-sum payment made to the right holders of the insurance holder who deceased when receiving incapacity income due to work accident or occupational disease or permanent incapacity income, invalidity, duty disability or old – age pension or when his/her minimum 360 days of invalidity, old – age …

It seems that this year will be costlier than the last, since the Minimum wage has been raised to 1.647,00 TL starting from 1st January 2016, while it was 1.273,50 TL in 2015, and the wage hike is about %30. In the tables below you can see the comparison tables …

  In Turkey, over 2 million Syrian refugees, who also became a hot topic in world’s agenda after the recent tragic events, are either seeking illegal migration to Europe or being employed in informal, low paid jobs inside the country. In the areas where they are residing in big numbers, …

Finally, the most awaited issue of the new year, promised premium incentive aimed to reduce to increased employment cost arising from about %30 minimum wage hike became clear. The government’s omnibus bill with the effect date of 1st January 2016 has got through the parliament and the Provisional Article 68, …

In Turkey, Payroll Parameters are strictly connected with minimum wage usually determined twice to cover the first and second half of the year; however as an exception minimum wage of 2016 has been raised for ones and will be the same all along the 2016. As result of this only …

CALCULATION OF NET MINIMUM WAGE/GROSS TO NET          TL MINIMUM GROSS WAGE 1.647.00 SSI EMPLOYEE  CONTRIBUTION (%14) 230,58  UNEMPLOYMENT PREMIUM – EMPLOYEE ( % 1 ) 16,47  INCOME TAX BASE 1.399,95  AMOUNT OF INCOME TAX 209,99  STAMP TAX 12,50  TOTAL EMPLOYEE DEDUCTION 469,54 MINIMUM LIVING ALLOWANCE (SINGLE) 123,53 NET  MINIMUM WAGE …