Egyptian Salary and Pension Increases: Stay Informed
Salary and pension increases in Egypt: 987.5 EGP in October and November. Follow for updates!
00:00:02 The increase in salaries will be 987.5 EGP in October and pensions in November. Important video explaining the details.
💰 The video announces the scheduled increase in salaries and pensions, which will be around 987.5 EGP, to be disbursed in October and November.
📅 The increase will be effective in October for all employees and in November for pensioners.
💸 There are three confirmed increases, including the tax exemption increase and the increase in prices.
00:01:23 The video discusses upcoming salary and pension increases in Egypt and encourages viewers to follow the channel for updates.
📈 There will be three salary increases, including an increase in the minimum wage.
💰 Salary increases for government employees will be implemented in October.
🗓️ Pensions will be increased in November.
00:02:44 Proposed law to increase income tax exemption limit by 25% to 45,000 EGP instead of 36,000 EGP. This will benefit citizens and affect monthly salaries.
✨ The Ministry of Finance has proposed a law to increase the income tax exemption threshold by 25%.
💰 The new threshold will be 45,000 EGP, benefiting citizens with a higher salary.
💼 The increase in the tax exemption threshold will also impact secondary costs.
00:04:18 Increase in minimum salaries by 987.5 EGP next October and pensions in November. Each economic entity bears this increase from its own resources. The minimum income for the sixth degree will be 4000 instead of 3500.
📈 An increase in salaries by 987.5 Egyptian pounds will take effect in October, while pensions will increase in November.
💰 The minimum income for the sixth degree will be raised from 3500 to 4000 Egyptian pounds, and the minimum income for higher job grades will increase by at least 500 Egyptian pounds for all employees in the government and economic authorities.
💵 This increase in minimum income takes into account the rising living costs and addresses concerns raised about its exclusivity to the sixth degree.
00:05:41 Salary increase of 987.5 EGP in October and pensions in November. Tax exemption increased from 36,000 to 45,000 EGP. The overall increase for all grades is 987.5 EGP.
📈 The salary increase in October will be 987.5 EGP, and pensions will increase in November.
💰 The tax exemption range has increased from 36,000 to 45,000 EGP, resulting in an additional 187.5 EGP for each salary grade.
📉 After deductions, the overall increase for all salary grades will be around 800 EGP, with the highest grade receiving 987.5 EGP.
00:07:04 Expected salary increase of 987.5 EGP in October and pensions in November. All grades will increase, including a special increase for masters and PhDs. A minimum living increase of 800 EGP after deductions. Hope for a prosperous year for Egypt in 2020.
📈 Salaries will increase in October, with a minimum increase for all positions and additional increases for master's and doctoral degrees.
💰 The minimum salary for a master's degree will be increased to 6,000 EGP, and the minimum salary for a doctoral degree will be increased to 7,000 EGP.
🎉 The final increase will reach a minimum living wage exemption of approximately 800 EGP, making it a happy and prosperous year for all.
00:08:27 The October salary increase will be 987.5 EGP and November pensions. Stay tuned for more updates on our channel.
📈 Salaries will increase by 987.5 Egyptian pounds in October.
💵 Pensions will increase in November.
✨ The speaker assures the audience that the information they provide is trustworthy.
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