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Finance Committee

News and updates about Finance Committee

Budget approved for second and third readings

Knesset Finance Committee approves budget for second and third readings

Knesset Finance Committee approves budget laws for 2021-2022 ahead of their second and third readings in the Knesset.

Merav Michaeli: We've just begun. Ayelet Shaked: You've finished

Merav Michaeli: We've just begun. Ayelet Shaked: You've finished

Labor party head anticipates further attacks on right-wing NGOs, after Finance Committee stalls tax-benefits approval for right-wing NGO.

Daycares, preschools, to receive compensation for Gaza war

Daycares, preschools, to receive compensation for financial loss due to Gaza war

Tax benefits, salary compensation, for businesses in mixed cities, where riots and violence raged rampantly during Gaza war.

Freeze VAT payments for daycares?

Will the Knesset freeze VAT payments for daycare operators?

Finance Committee to request VAT exemption for those operating daycare centers.

MK Moshe Gafni: 'Grant program won't pass in present form'

MK Moshe Gafni: 'Grant program won't pass in present form'

Finance Chair says without grants according to number of children, he won't approve plan. Likud infighting: 'Something bad happening there.'

Tax on rolling tobacco will be the same as for cigarettes

Knesset committee approves: Tax on rolling tobacco will be the same as for cigarettes

Finance Committee approves order equating tax on rolling tobacco with that of cigarettes, in a move that may reduce number of young smokers.

Finance Minister to advance benefits to PA organizations

Finance Minister Katz to advance benefits to Palestinian Arab organizations

Palestinian Arab aid organizations will receive more than 60% off fuel costs, while Israeli charities will continue to pay full price.

No special education budget? 'We won't pass the State budget'

No special education budget? Moshe Gafni threatens: 'We won't pass the State budget'

MK Moshe Gafni threatens to bring down passage of State budget if haredi special education budget isn't appropriately amended.

Millions of shekels for nonprofits suffering from coronavirus

50 million shekels for nonprofits suffering from coronavirus outbreak

MK Bezalel Smotrich's efforts bear fruit as Finance Ministry earmarks over $14m to aid non-profit organizations hurting from outbreak.

'Ahmed Tibi already thinks himself the boss'player

'Ahmed Tibi already thinks himself the boss'

Likud MK Kathrin Shitrit after being cursed by MK Tibi: 'I just want you to remember well: These are Blue and White's partners.'

Budget cuts will fund underground fence - and afternoon programs

Budget cuts will fund underground fence - and afternoon programs

Proposed budget cuts eliminate 260 jobs, to provide funding for arson victims, afternoon programs.

Millions earmarked for security in Judea and Samariaplayer

Millions earmarked for security in Judea and Samaria

Final budget transfer to strengthen security in Judea and Samaria communities approved by Knesset Finance Committee.

Is Israel funding organizations that harm it?

Is Israel funding organizations that harm it?

Relates to Amnesty International call to boycott Israel. Vote on Amnesty postponed to later date.

Demand: Establish new Torah halfway house

Demand: Establish new Torah halfway house

MK Yisrael Eichler says previous halfway house serving prisoners burned down, with no similar framework to rehabilitate prisoners.

Bereaved families break up Finance Committee meetingplayer

Bereaved families break up Finance Committee meeting

Bereaved families and hunger strike leaders break up Finance Committee meeting: 'We don't want to wait for next disaster.'

Regev: Culture Ministry used to be an ATM for the elite

Regev: Culture Ministry used to be an ATM for the elite

Culture Minister says Rahat, Elad, never received any funds from the Ministry, since Tel Aviv took too big a chunk, says policy is changing.

Good news for Israelis: Pay less for your passport

Good news for Israelis: Pay less for your passport

Passport prices drop just in time for summer, Interior Minister says the step 'lowers the cost of living.'

Knesset Finance Committee approves 2017-2018 budget

Knesset Finance Committee approves 2017-2018 budget

Knesset’s Finance Committee approves state budget for 2017-2018. It must still pass its second and third Knesset readings.

Israel to regulate salaries for company executives

Israel to regulate salaries for top executives

Finance Committee chair Moshe Gafni calls move "historic", says excessive executive pay won't be tolerated any more.

Kids under 16 banned from electric bikes

Kids under 16 banned from electric bikes

Knesset committee raises age limit for electric bikes from 14 to 16, limits power for electric toy scooters.

'UTJ forgot it's part of the coalition'

'UTJ forgot it's part of the coalition'

Jewish Home MK refuses to vote on budgetary issues after MK Moshe Gafni scraps needs of Judea-Samaria, Gaza belt from agenda.

Finance Committee approves state budget

Finance Committee approves state budget

Finance Committee approves state budget for 2015-2016 despite difficulties imposed by the opposition.

Barbs Fly Between Haredi and Religious Zionist MK

Barbs Fly Between Haredi and Religious Zionist MK

'I'd rather be a leftist than tied to Jewish Home,' a bitter Moshe Gafni tells Bezalel Smotrich at Finance Committee meeting.

Haredi MK: Lapid Should Leave Politics, Go Back to Journalism

Haredi MK: Lapid Should Go Back to Journalism

Knesset Finance Committee chairman Moshe Gafni says Yair Lapid 'isn't worth anything' in politics.

Arab List Willing to Forego Sensitive Security Committee

Arab List to Forego Security Committee for Finance

Tibi says party willing to take financial influence instead of access to defense committee, heading off serious security concerns.

Kahlon: Don't Listen to the Reporters, Listen to Me

Kahlon: Don't Listen to the Reporters

Kulanu chairman denies reports he gave up his demand to head Knesset's Finance Committee in favor of United Torah Judaism.

South Residents Protest by Disrupting Knesset Meetingplayer

South Residents Disrupt Knesset Meeting

'Instead of debating 0% VAT law help us with war damages' shout residents of hard-hit south, in protest labeled by some as 'cynical.'

MK Calls for End to PA Boycott of Israeli Products

MK Calls for End to PA Boycott of Israeli Products

PA boycott encourages global BDS movement while it still owes Israel millions in electricity bills, MK Nissan Slomiansky warns.

MKs Fume as Lapid Pulls Funds for Judea and Samaria

Lapid Pulls Funds for Judea and Samaria - Again

Yo-yo budgeting? FM pulls Housing Ministry funding, causing Jewish Home MK to rail against Finance 'circus.'

Left-Wing MKs Angered Over Government Funds to Judea-Samaria

177 Million Shekels for Judea and Samaria

Leftist MKs up in arms, accuse Finance Committee of 'lacking transparency', over allocations to Judea and Samaria.

MKs Agree: ‘Draconian’ Yeshiva Regulation Must Stop

MKs Agree: ‘Draconian’ Regulation Must Stop

MKs from across the political spectrum call on Finance Minister Lapid to end ‘draconian’ approach to NGOs, yeshivas.

Finance to Defense: Buy Israeli Boots or No Budget

Finance to Defense: Buy Israeli Boots or No Budget

Finance Committee meeting determines no budget transfers to Ministry of Defense until pledge to buy Israeli boots, demands deal by weekend.

MKs Threaten Financial Block over Yeshiva Budgets

MKs Threaten Financial Block over Yeshiva Budgets

Finance Committee members from Bayit Yehudi, Hatnua threaten to withhold funds over cut to money for foreign yeshiva students.

‘Lapid Taking Food from Children’s Plates’

‘Lapid Taking Food from Children’s Plates’

MKs condemn, ridicule planned cut to child benefits.

Bayit Yehudi Seeks to Head Finance Committee

Bayit Yehudi Seeks to Head Finance Committee

Coalition talks hit a snag as Likud, Yesh Atid and Bayit Yehudi all seek to head the Finance Committee.

Netanyahu Pushes for Deficit Spending

Netanyahu Pushes for Deficit Spending

Prime Minister Binyamin Netanyahu sought to offset reduced state revenues by setting a 3% deficit spending target.

Tax Breaks for Middle Class on the Way

Tax Breaks for Middle Class on the Way

The Knesset Finance Committee on Wednesday authorized a dramatic change in the Israeli tax code – making it more “middle-class friendly."

State, Sharon Family to Split Medical Bills

State, Sharon Family to Split Medical Bills

The Knesset Finance Committee has determined the Sharon family must absorb half of the costs of former Prime Minister Ariel Sharon's care.

Value-Added Tax (VAT) To Drop 0.5% Friday

Value-Added Tax To Drop 0.5%

Finance Minister Yuval Steinitz has decided to reduce value-added tax (VAT) by half a percent at the beginning of 2010. The new rate will be 16%,.

Employment Up, Car Taxes Down

Employment Up, Car Taxes Down

Increasingly-employed Israelis will now be able to take advantage of their income by purchasing less-taxed cars.