TMSF Announcement: Can trustees be appointed to municipalities and companies?

The Savings Deposit Insurance Fund (TMSF) clarified that the comments suggesting trustees would be appointed to private companies are not accurate, stating that “TMSF cannot be appointed as a trustee to a company without a court decision.” The institution also emphasized that legally trustees cannot be appointed to municipalities. The Savings Deposit Insurance Fund made […]

Ministry Monitoring Four Giants in the Red Meat Sector

Following the monitoring of the fuel, iron-steel, tobacco, and jewelry sectors, the Ministry of Treasury and Finance has now turned its attention to the red meat sector. A comprehensive investigation was conducted on four major producers in the sector, revealing that 3 billion lira in profits were undeclared. The Tax Inspection Board of the Ministry […]

Increase in Support for Mothers with SGK to 510 Euros! (Where to apply for 510 Euro support for mothers, what are the conditions?)

The Social Security Institution has raised the caregiver support for working mothers funded by the European Union from 325 euros to 510 euros. The project is currently only implemented in Ankara, Istanbul, and Izmir. Working mothers who are insured with SSK and want to benefit from the support need to apply through e-Government. The Social […]

Record in Exports to Slovenia

Turkey achieved the highest monthly export to Slovenia of all time with 371.5 million dollars. Economic relations between Turkey and Slovenia have been gaining momentum and continuing to develop in recent years. The “Strategic Partnership Document” signed between Turkey and Slovenia in 2011 has facilitated the acceleration of bilateral relations in many areas. Despite not […]

Record Export to Slovenia

Turkey achieved the highest monthly export ever to Slovenia with 371.5 million dollars. The economic relations between Turkey and Slovenia have been gaining momentum and developing in recent years. The “Strategic Partnership Document” signed between Turkey and Slovenia in 2011 has led to an increase in bilateral relations in many areas. Although the document did […]

Argentina President’s LIBRA Coin Scandal: $4.5 Billion Lost

Argentina’s President Javier Milei endorsed the crypto coin named LIBRA. Initially, LIBRA surged by 89%, reaching a market value of $4.5 billion, but then plummeted. Many suspected it to be a scam. In response to criticism, Milei quickly deleted the promotional post, claiming ignorance of the project details. The opposition is calling for his removal […]

Bad news for opportunists: No scrap vehicle incentive

The AK Party administration announced that there is no regulation in place for scrap vehicles to be exempt from Special Consumption Tax. The government is not working on any legal arrangements in this regard. Following a proposal submitted to the Turkish Grand National Assembly (TBMM), the issue of a scrap vehicle incentive came to the […]

When will the scrap vehicle incentive come out, will it come out?

Following a proposal submitted to the Turkish Grand National Assembly (TBMM), the issue of the scrap vehicle incentive that has long been on the agenda of the public was clarified. A statement regarding this issue came from the AK Party. So, when will the scrap vehicle incentive be released, will it be released? The current […]

Approval granted for 605 companies for inward processing in January

In January, lists of inward processing, domestic sales and delivery, outward processing licenses cancelled upon request and ex officio by the Ministry were published in the Official Gazette. Accordingly, last month, 605 companies were granted inward processing permits, 108 domestic sales and delivery permits, and 5 outward processing permits. 16 inward processing permits were also […]

Announcement: 2025 Retirement Holiday Bonuses Revealed, Percentage Increase?

The retirement holiday bonuses are transferred to accounts every year before the Ramadan and Eid al-Adha holidays. The retirement bonuses, implemented from 2018, were last increased to 3,000 lira last year. While the retirement pension adjustment rates are around 15%, attention has been paid to bonus payments for SSK, Bağ-Kur, and Pension Fund retirees. There […]