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Italy Today

Italian news in English

Saturday, December 7, 2024

Italian Budget Law Amendments Reinstated

Published: 2024-11-17

In a recent development, amendments to Italy's budget law have been reinstated, focusing on the reopening of the silent-consent period for transferring severance pay (TFR) to pension funds.

This move, supported by Lega, Fratelli d’Italia, and Noi Moderati, aligns with the broader measures on complementary pensions outlined in the draft law.

Initially, these amendments were among the 1,300 proposals deemed inadmissible by the Budget Committee in the Chamber of Deputies due to issues of relevance or funding.

However, they have now been readmitted, marking a significant step for the involved parties.

Meanwhile, other proposals, such as the one aiming to cap foreign earnings for politicians, remain rejected due to irrelevance.

This reinstatement highlights ongoing debates and adjustments within Italy's fiscal policies.