The Lithuanian parliament (Seimas) is considering Draft Law No XIVP-3128 on the approval of the financial indicators of the state budget and municipal budgets for 2024.
In connection with this, the parliament is considering Draft Law No XIVP-3129 on amendments to the Personal Income Tax Law. The amendments concern the monthly and annual tax-exempt amount (TEA) for employment income of resident individuals. This includes an increase in the monthly TEA to EUR 747 for individuals with monthly…