Minimum salary and MCI updated in Kazakhstan

Tengrinews.kz - As of January 1, 2025, the values of key calculation indicators in Kazakhstan, including the minimum wage (MW), monthly calculation index (MCI), and pensions, have been updated. What is the monthly calculation index (MCI)? The MCI is used to determine the amounts for benefits, pensions, and social payments. Additionally, the MCI is essential for: Calculating taxes and other mandatory payments; Determining the size of fines and other sanctions. Each year, the size of the MCI is approved by the law on the republican budget.