Categories: Insights

7 Jun 2010

The Decree-Law on financial act has been published

The Decree 31 May 2010, No. 78, has been published in the Italian Official Gazette. With this act the government has adopted the financial act for 2011 and 2012 of 24.9 billion Euro. The decree has also regulated some labour law related issues. Below, some of the provisions introduced:
  
Ø It has been established the compatibility between the enrolment at INPS (National social security institute) – dealer management – and the enrolment at INPS – separate management;
Ø It has been amended the arrangements for the pension treatments;
Ø the recovery of the amounts due to INPS, as for 2011, will be carried out by an executive notice of charge;
Ø it has been provided a 10% add-on tax to be paid on the stock options and on the other variable fees that exceed three times the fixed payment salaries;
Ø it has been provided some changes in tax and social security proceedings;
Ø   if the amount of severance pay (TFR) is more than 90thousand Euros, it will have to be paid in two annual amounts, while where the amount exceed the 150thousand Euros it will be paid out in three annual amounts.

Subscribe to our newsletter

Contact

Need information? Write to us and our team of experts will respond as soon as possible.

Fill in the form

More news and insights

1 Sep 2026

Company files deleted from the PC: dismissal lawful even without proof of damage

The matter arises from the disciplinary dismissal of an employee performing general secretarial duties who, upon returning the company computer following a change in her duties, handed back…

Read more
1 Sep 2026

Overtime work: a summary schedule is not enough, employees must provide strict evidence of both the hours worked and the extent of the overtime performed

With order no. 20700 of 18 June 2026, the Italian Supreme Court once again addressed the issue of overtime work, reiterating that employees claiming overtime pay must strictly…

Read more
1 Sep 2026

Did you know that… an individual allowance that has remained unchanged for years may become non-absorbable?

In judgment no. 24475 of 5 August 2026, the Employment Section of the Italian Supreme Court confirmed that an individual allowance (i.e. “superminimo”), although normally subject to the…

Read more
3 Aug 2026

Pay Transparency: the first requests from employees are starting to arrive (Il Sole 24 Ore, 3 august 2026 – Vittorio De Luca)

Two months after the decree. Since Legislative Decree 96/2026 came into force on 7 June, according to a flash survey conducted by GIDP, 8% of HR directors have…

Read more
30 Jul 2026

Corporate controls and data protection: what balance?

A recent judgment of the Court of Pisa, No. 800 of 13 June 2026, addresses a topic of particular interest for companies: the delicate balance between the protection…

Read more
30 Jul 2026

Unfair dismissal and reinstatement: the employee must repay the payment in lieu of notice

With order no. 22187 of 28 June 2026, the Italian Supreme Court addressed the issue of whether payment in lieu of notice paid to an employee must be…

Read more