Mexico Reaches Remittances Record in First Two Months of 2024
The Bank of Mexico registered $9.85 million in remittances during January and February 2024
Read moreTag Archives: income
January’s Oil and Tax Revenue Register Below Government Predictions
As a result, Mexico only took in a total of 658.9 billion pesos in public revenue during the first month of 2024
Read moreLooking for a Side Hustle? Here’s How to Make It Work
The best thing you can do to make sure you don’t burn yourself out running your side hustle
Read moreMexican Minimum Wage to Increase by 20 Percent in 2023
PULSE NEWS MEXICO The minimum wage in Mexico — the lowest within the three-member United States-Mexico-Canada Agreement (USMCA) region — will increase by 20 percent in the coming year, President Andrés Manuel López Obrador (AMLO) announced Thursday, Dec. 1. The announcement constituted the fifth increase in Mexico’s minimum wage since López Obrador took office four years ago. During the morning
Read moreSenate Approves Mexico’s 2023 Federal Income Law
By KELIN DILLON In the early hours of Wednesday, Oct. 26, Mexico’s Senate approved the proposed 2023 Federal Income Law in a vote of 65 in favor, 44 against and two abstentions, preserving the initiative verbatim sent by the executive branch and Chamber of Deputies, without any changes. Set to go into effect in 2023, the newly passed Federal Income
Read moreMexico Raises Teachers Salaries by 7.5 Percent, Union Demands 25 Percent
By THE PULSE NEWS MEXICO STAFF All Mexican public teachers who making less than 20,000 pesos will receive on average a 7.5 percent pay hike, Public Education Secretary Delfina Gómez announced Sunday, May 15, the country’s official Teacher’s Day. The new salary increases will be staggered in three segments of 3 percent, 2 percent and 1 percent, Gómez explained during
Read moreThe Real Perpetrator behind the Murders of Mexico’s Journalists
OPINION By THÉRÈSE MARGOLIS On Thursday, Feb. 10, yet another Mexican journalist was murdered, the fifth so far this year, and the 50th since President Andrés Manuel López Obrador (AMLO) took office three years ago. Heber López, from the internet news site Noticias Web in Salina Cruz, Oaxaca, was shot dead in broad daylight as he left his office Thursday
Read moreThe President’s Salary
OPINION By ALEJANDRO ENVILA FISHER Since Andrés Manuel López Obrador (AMLO) took office three years ago, no government official in Mexico, be it fe3deral, state or municipal, nor member of any autonomous bodies or the country’s federal judicial powers, is allowed to have a salary higher than — or even equal to — that of the president. However, since a
Read moreSAT Details New Asset Seizure Rules for Tax Debtors
By KELIN DILLON On Tuesday, Dec. 14, Mexico’s Tax Administrative Service (SAT) revealed its new methodology to acquire owed taxes from debtors in 2022, with the newfound jurisdiction to seize assets from taxpayers’ bank deposits, properties, savings accounts, insurance investments, stocks, bonds and real estate as a form of repayment. Now, taxpayers will be held directly responsible for reviewing notifications
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