AZ

Social insurance contributions rise amid wage transparency efforts in Azerbaijan

In the first two months of this year, Azerbaijan saw a significant increase in the amount of compulsory state social insurance contributions, reaching ₼ 958.6 million ($ 564 million). This growth comes amid ongoing efforts to increase wage transparency in the country, Azernews reports, citing the State Tax Service (STS) under the Ministry of Economy. Furthermore, mandatory medical insurance contributions also experienced growth, increasing by...

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