Romania has published Decision no. 1.506 of 27 November 2024 in the Official Gazette, which provides for an increase in the minimum monthly salary from RON 3,700 to RON 4,050 for an average work schedule of 165.334 hours per month with effect from 1 January 2025. The minimum salary is used for various tax purposes, including the determination of the base personal allowance (deduction) for employees with gross monthly income of up to the minimum monthly salary plus RON 2,000, i.e., up to RON 6,050 from 1 January 2025. The base personal allowance is equal to 20% of the minimum...