The personal exemptions and exemptions for maintained persons will be adjusted to the rate of inflation that was projected to be 6.4% this year, IPN reports, quoting the draft budgetary-fiscal policy that is to be examined by the Government and submitted to Parliament for adoption.

Thus, the personal exemption will be 10,128 lei (9,516 lei in 2014), while the increased personal exemption (for certain categories of taxpayers) will be 15,060 lei, as against 14,148 lei in 2014. The exemption for maintained persons will be 2,254 lei, as opposed to 2,124 lei this year.

The tax rates on the incomes of private individuals and individual entrepreneurs will be 7% for incomes lower than 29,640 lei and 18% for incomes higher than this sum.