ABI: 'On banks, from 2025, fiscal measures worth 22 billion euros'

The joint Budget Committees of the Chamber of Deputies and the Senate are holding the following hearings as part of the preparatory fact-finding activity for the examination of the bill containing the State budget for fiscal year 2027 and the multi-year budget for the three-year period 2027-2029. The ABI "highlights the importance of evaluating together the tax measures enacted by the 2025 and 2026 budget laws and those now under examination, which have an impact of 22 billion euros." This was stated by the association's Director General Marco Elio Rottigni during his hearing before Parliament on the budget bill. Rottigni asks to "avoid excessive penalties on costs necessary for operations and investments, in order to safeguard the certainty of the rules applicable to credits and tax assets, while also avoiding distortions of competition" in the EU. The ABI "strongly proposes the need to identify improvements" in the measures. INPS: The Newborn Fund could be extended to contributions for minor children The position in the 'newborn fund' could also be opened to families with minor children, allowing them—even without the 100-euro contribution from the State—to make voluntary contributions while applying the 19% tax deduction provided for contributions up to 1,000 euros. This is one of the recommendations that emerged during the hearing of INPS Director General Valeria Vittimberga, who calculated a cost of 45 million euros in 2028, but also pointed to the possibility of avoiding a disparity between siblings under the new tool provided for in the budget bill, considered "the most innovative measure." "Families with minor children born before 2027," Vittimberga stated, "could have the same interest in building long-term savings for them. These families could also be allowed to open a position and make voluntary contributions while applying the same deduction, even without the 100-euro public contribution. The cost to public finances would remain limited to the deduction: an increase in lower revenues of around 45 million euros from 2028, declining until it phases out entirely starting in 2046. This would, for example, avoid a disparity between siblings born before and after 2027." All rights reserved © Copyright ANSA