The increase in SCT on fuel products in the new year was limited to 6 percent. SCT on fuel is updated with PPI data from the last 6 months of the amount year.
1 PERCENT WILL BE REFLECTED ON THE PUMP
In the July-November period, that is, in the last 5 months, this rate was 7.12 percent. With December figures, the amount would rise above 8 percent. The 6 percent increase is expected to reflect around 1 percent at the pump.
12 BILLION IS GIVEN UP
Minister of Treasury and Finance Mehmet Şimşek said, “With the regulation, we waive 12 billion lira of taxes and provide strong support to the monetary policy. It will make a positive contribution to the disinflation process.”
PUBLISHED IN THE OFFICIAL GAZETTE
The revaluation rate, which was determined as 43.93 percent, was also published in the official gazette. That rate will affect many items. In 2024, the B class driving license fee, which is 3945 lira, will increase to 5678 lira, the 1-year passport fee, which is 2379 lira, will increase to 3449 lira, and the mobile phone IMEI registration fee, which is 31,692 lira, will increase to 45,614 lira.
SPECIAL COMMUNICATION TAX ALSO INCREASED
The special communication tax reflected on mobile phone bills was 570 lira annually. In the new year, the lowest motor vehicle tax will increase to 499 lira and the highest to 230 thousand lira.
In the new year spent at a red light, it is not 1506 lira, but 2168 lira. Those who drive without a license will pay a fine of 18,676 lira instead of 12,977 lira. Thank you for watching.
