United Arab Emirates (UAE) Statutory Updates 2024
Here are the United Arab Emirates (UAE) statutory updates for 2024. Effective October 2024 Stricter Penalties for Violating the Emiratization Requirements The UAE government has raised the administrative fines for breaking rules pertaining to Emiratization to AED 8,000 per month, with an additional AED 1,000 increase per year. 7,000 AED a month previously. Source: Fragomen […]
India Statutory Updates 2024
Here are India’s statutory updates for 2024. Effective July 2024 Fast Track Immigration launched for Indian Nationals and Foreign Nationals with Overseas Citizen of India cards Indian authorities have announced the launch of a new Fast Track Immigration — Trusted Traveler Program (FTI-TTP) for Indian nationals and foreign nationals with Overseas Citizen of India (OCI) […]
Thailand Statutory Updates 2024
Here are Thailand’s statutory updates for 2024. Effective July 2024 Increased Tax Exemption for Severance Pay The personal income tax exemption amount on severance pay for terminated employees is now increased to the employee’s last 400 days’ wages or THB 600,000, whichever is less. The new tax exemption shall be applicable to assessable income received […]
Pakistan Statutory Updates 2024
Here are Pakistan’s statutory updates for 2024. Effective July 2024 Monthly Contribution towards Employees’ Old-Age Benefits and Minimum Wage Increases In the Budget 2024–2025, the Pakistani government announced raising the minimum wage for unskilled workers from PKR 32,000 to PKR 37,000 per month in all provinces—Punjab, Sindh, Balochistan, Khyber Pakhtunkhwa, and the Islamabad Capital Territory […]
Bangladesh Statutory Updates 2024
Here are Bangladesh’s statutory updates for 2024. Effective July 2024 Changes in Income Tax Slabs Tax slabs for the assessment year of 2025-2026 (financial year 2024-25) have been updated as per the latest Finance Act: Effective for the assessment year of 2025-2026 (Income year of 2024-2025) Income Slab (in Taka) Rate On first 350,000 (male) […]
Israel Statutory Updates 2024
Here are Israel’s statutory updates for 2024. Effective July 2024 Electronic Travel Authorization for all Foreign Nationals Starting August 1, 2024, the Israeli Ministry of Interior will require all visa-exempt nationals to obtain a valid Electronic Travel Authorization (ETA-IL), known as “Marom ETA-IL,” through an online portal. Applications for this authorization will be accepted beginning […]
Australia Statutory Updates 2024
Here are Australia’s statutory updates for 2024. 2026 Changes to Superannuation Superannuation is currently paid at least quarterly. However, starting from July 1, 2026, it is proposed that employers will be required to pay their employees’ superannuation concurrently with their wages. This change will allow employees to monitor their entitlements more effectively, ensuring timely and […]
United Kingdom Statutory Updates 2024
Here are UK’s statutory updates for 2024. Effective April 2024 Increase of the Minimum Salary Threshold for Skilled Workers From 4 April 2024, The general salary threshold will be raised from £26,200 to £38,700. For Health and Care Workers, the general salary threshold will be increased from £26,200 to £29,000. Skilled Workers who are already […]
Vietnam Statutory Updates 2024
Here are Vietnam’s statutory updates for 2024. Effective August 2024 New Step for Certain Visa Applications All Temporary Resident Card (TRC) and Long-Term Visa (LTV) applications in Ho Chi Minh City, Dong Nai, and Binh Duong provinces to include an additional online submission step, previously required only for Chinese nationals. While this shift aligns with […]
Hong Kong Statutory Updates 2024
Here are Hong Kong’s statutory updates for 2024. Effective July 2024 QR Code Entry for Permanent Residents Effective immediately, permanent residents of Hong Kong SAR and Macau SAR can now use a QR code for entry instead of physical documents. This new feature allows for faster entry and reduces the need for physical documents. It […]
