Government

Citizens paid NIS 3.6 billion they did not have to pay to the tax authorities in 2013-2019
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Citizens paid NIS 3.6 billion that they did not have to pay to the tax authorities in the years 2013-2019. This is according to the State Comptroller's report published on Tuesday. The report also states that the Tax Authority did not act to correct the many deficiencies found in the previous report regarding the exercise of public rights in the tax field. The tax they deserve, so they did not use it and paid the state treasury more tax than the law obliges them, and moreover: the tax authority does not have the details of the bank accounts of half a million Israelis at all, who may very...

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Oct 19, 2021

Environmental Impact Index: The refineries (BZN) - the plant with the highest environmental impact
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The Ministry of Environmental Protection's Environmental Impact Index for 2019, published for the ninth year, provides the rating of the environmental impact of companies and enterprises that are publicly and government-owned. The index provides the public with comparative and simple information on the performance and environmental risks of public companies with large environmental impact and the factories they own. The index examines in depth the environmental risk of 49 public companies, 124 large industrial plants and about 700 gas stations, and its methodology is based on the...

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Oct 20, 2021

 Knesset's Finance Committee approved:  The retirement age for women will be raised from 62 to 65
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The Knesset's Finance Committee approved the law to reduce gender gaps in the labor market and raise the retirement age for women. Under the bill, the retirement age for women from age 62 to age 65 will be raised, over 11 years. The committee has approved a number of tools to make it easier for women to integrate into the labor market or reduce harm. The total cost will amount to about NIS 1 billion. The following are the various measures set forth in the law that will enter into force in January 2022 and were approved by the committee and the Knesset members who dealt with the issue, in...

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Oct 21, 2021

Israel is moving Sunday to winter time after saving  more than NIS 400 million in the Summer time
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Daylight saving time will end on Sunday morning. Tomorrow Saturday night we will be enjoying for the last time daylight saving time until March next year. The savings for the Israeli economy from operating daylight saving time, which ends tomorrow night, between Saturday and Sunday at two in the morning, are estimated at more than NIS 400 million. If these figures are correct it would be possible to enjoy them all year round. There is room for daylight saving time all year round even in winter. In the summer days from the end of May to the end of October it was possible to move the hands...

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Oct 30, 2021

Fuel prices have increased in the past year by 24% to NIS 6.62 per liter of unleaded 95-octane
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Between Sunday and Monday, the price of fuel will increase by 23 agorot compared to the previous month and will be a maximum price of NIS 6.62 per liter of unleaded 95-octane gasoline for the consumer at the self-service station. The supplement for full service will be 21 cents per liter. This is an increase of about 24% compared to November last year when the price was NIS 5.34 per liter

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Oct 31, 2021

Monday: Israel will be opened to inbound tourism - vaccinated and recovering will be able to enter
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Israel will be officially opened to inbound tourism tomorrow with a new outline formulated by the Ministry of Health and the Ministry of Tourism, under which vaccinated and recovering tourists will be able to enter Israel. This is the first time the state has allowed single tourists to officially enter Israel since the start of the Corona crisis. At the same time, a new corona test system will begin operating tomorrow at Ben Gurion Airport, with Pangia replacing Omega (Check to Play) with tests for departing tourists. The new tourist entry plan states that foreigners who have been...

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Nov 1, 2021

Fund for Natural Damage Insurance in Agriculture increased compensation by 60% in the past six years
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The climate conference is coming to an end and there is no doubt that world leaders have made many statements about improving the state of global pollution and the war on greenhouse gases and other pollutants on the planet. "Climatic events such as heat waves, which were relatively rare, have become the 'norm' in recent years when this year we also witnessed the nights becoming warmer so the damage to crops was greater than before." Data from Kent (the Fund for Natural Damage Insurance in Agriculture) show that in the last six years there has been a 60% increase in compensation for farmers...

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Nov 2, 2021

P.M Bennett after passing the budget: We have the ability of the coalition partners to work together
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Prime Minister Naftali Bennett, Deputy Prime Minister Yair Lapid and Finance Minister Avigdor Lieberman convened a special press conference on Saturday, after the coalition succeeded in passing the state budget for the years 2022-2021. "At a good time the budget for 2022-2021 has passed." Bennett opened solemnly. He emphasized the ability of the coalition partners to work together, in a way that ensured political and economic stability for the State of Israel. "We have completed the complex move of expelling Israel from three years of instability," Bennett said. "Quietly, consistently,...

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Nov 6, 2021

 Natural Resources Taxation Law approved:  "wealth fund" will accumulate billion shekels in 2022
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The Natural Resources Taxation Law passed on Wednesday evening by a majority of 9 MKs against 0 opponents and entered the law book of the State of Israel after long months of discussions and delays. In this way, the "wealth fund", to which taxes from gas profits are directed, will probably accumulate more than a billion shekels in 2022, and the money will be able to be used for public use. Thanks to the amendment to the law, levies over $ 200 million, the payment of which has been delayed for a long time due to disputes with the tax authority, will soon be paid for the benefit of all...

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Nov 10, 2021

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