On July 18, 2025, the head of state signed a new Tax Code, which provides for the exemption from January 1, 2026 of income in the form of pension payments, lump sum pension benefit payments for housing/treatment (LSPBP) from UAPF from individual income tax (IIT), with the exception of pension benefits from UAPF made to non-residents of the Republic of Kazakhstan .How is it now? According to the current Tax Code, pension payments, LSPBP from UAPF are considered income subject to IIT at a rate of 10% at source. That is, pension contributions are transferred to individual pension savings accounts before taxation. IIT is withheld upon payments. IIT is withheld collectively for all types of pension benefits formed from compulsory pension contributions (CPC), compulsory occupational pension contributions (COPC), voluntary pension contributions (VPC). In this case, the amounts of adjustments and tax deductions are taken into account.When using lump-sum pension benefit payments for housing/medical treatment, IIT is also withheld. In this case, there are two ways to withhold it at the beneficiary's choice: immediately upon receipt of LSPBP or with a delay until retirement.Until January 1, 2026, the calculation, withholding and payment of IIT from pension payments and LSPBP from UAPF will be carried out in the current mode.What will happen from January 1, 2026? IIT will not be withheld from all types of pension benefits, except in cases where the beneficiary is a non-resident of the Republic of Kazakhstan, and will not be withheld from the LSPBP.The changes also include the cancellation of accrued obligations to pay IIT from the LSPBP for housing/medical treatment deferred until retirement from January 1, 2026, but do not imply a refund of taxes previously paid to the budget.What else will change?The changes include the abolition of tax deductions on voluntary pension contributions made in one's own favor, from January 1, 2026, applied in the amounts established by the Tax Code to income subject to taxation at the source of payment.At the same time, the rule will remain that voluntary pension contributions transferred by a tax agent to the UAPF in favor of an employee are not an individual's income (and therefore are not subject to IIT), and for the employer, such expenses are deductible when calculating corporate income tax. That is, in this case, both the employee and the employer receive tax benefits.UAPF was founded on August 22, 2013 on the basis of GNPF APF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, employer’s compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, as well as carries out enrollment and accounting of voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation for the guaranteed deposit, transferred by the organization carrying out mandatory guarantee of deposits, in accordance with the Law of the Republic of Kazakhstan "On mandatory guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension benefits. The Fund also carries out accounting of target assets and target requirements, accounting and crediting of target savings (TS) to target savings accounts, payments of TS to their recipients in bank accounts, accounting for returns of TS in the manner determined by the Government of the Republic of Kazakhstan within the framework of the National Fund for Children program (More details at www.enpf.kz) Source : https://www.gov.kz/memleket/entities/abay/press/news/details/1042715?lang=kk

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On the instructions of the Head of State, conditions for the development of small and medium-sized businesses are being created in the regions. One of such projects is being implemented in Kostanay — the construction of a small industrial zone has begun on the territory of the Bolshevichka LLC enterprise.The reconstruction progress was inspected by the Akim of the Kostanay region Kumar Aksakalov. He noted that such projects are important both in terms of employment and in terms of the industrial growth of the region.— Large production areas have been idle here for many years. Now they are getting a new life, — the Akim emphasized. — New workshops, jobs and business opportunities are appearing on the site of former unused facilities.An investment project for the reconstruction of furniture and sewing workshops is being implemented at the site. The total investment is 5.5 billion tenge. The project is being implemented by Bestex LLC. Upon completion of the work, it is planned to produce up to 200 thousand products per year and create 150 jobs.Small industrial zones are specially prepared sites with engineering infrastructure and preferential terms for small and medium businesses.In the future, the industrial zone will house enterprises producing furniture, windows, garments, printing, paper, bulletproof vests and other types of products.In addition, it is also planned to develop educational and social infrastructure here, including the creation of the Institute of Fashion and Design and the construction of a student campus.“We see how business is capable of not only developing production, but also investing in human capital. This is a good example of an integrated approach,” noted Kumar Aksakalov.We will add that 36 college students are already undergoing internships at the enterprise as part of dual training, 24 of them in a targeted direction.The creation of small industrial zones is part of the industrialization and economic growth strategy. Such projects help reduce dependence on imports, expand employment and increase the share of SMEs in the region's economy.Source : https://www.gov.kz/memleket/entities/kostanay/press/news/details/1041841?lang=kk

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Source : https://www.gov.kz/memleket/entities/almobl/press/news/details/1041750?lang=kk

The volume of pension savings of Kazakhstanis as of 01.07.2025 exceeded KZT24 trillion, showing growth over the year by more than KZT4 trillion or 20.9%.Pension savings due to compulsory pension contributions (CPC) as of July 1, 2025 reached KZT22.85 trillion, having increased by 18.7% over 12 months.The amount of pension savings due to compulsory occupational pension contributions (COPC) amounted to KZT683.10 billion, having increased by 10.2% over 12 months.The most significant annual increase was demonstrated by savings on voluntary pension contributions (VPC), having increased by 35% over 12 months and amounted to KZT8.73 billion.As of July 1, 2025, the amount of pension savings from employer’s compulsory pension contributions (ECPC), received from January 1, 2024, into the pension accounts of contributors (beneficiaries), amounted to KZT463.98 billion.IncomesThe growth of savings is provided by the receipt of pension contributions, as well as investment income. Since the beginning of the year, KZT1,575.45 billion of contributions have been received into individual and conditional pension accounts of depositors, which is 19.8% (or KZT260.05 billion) more than the same period last year.Since the beginning of the year as of 01.07.2025, KZT1,294.56 billion have been received into individual pension savings accounts (IPSA) for CPC accounting (compared to the same period last year, the CPC volume increased by 11.7%), COPC - KZT67.87 billion (an increase of 19.8%), VPC - KZT1.38 billion. Contributions from ECPC for the first 6 months of 2025 amounted to KZT211.65 billion.Net investment income credited to contributors' accounts since the beginning of the year amounted to approximately KZT350.7 billion, offsetting the temporary decline in income in previous months. Benefits and transfersPayments for all types of contributions and transfers to insurance organizations from the UAPF for 6 months of 2025 amounted to KZT782.87 billion, which exceeds the volume of payments of last year by KZT325.24 billion (or 71.1%).Most of the payments are lump-sum pension benefit payments (LPP) for improving housing conditions and medical treatment - KZT451.58 billion.Age-related benefit payments for 6 months amounted to KZT118.79 billion.From the beginning of the year to 01.07.2025, inheritance payments were also made - KZT34.58 billion, payments in connection with leaving for permanent residence outside the Republic of Kazakhstan - KZT19.18 billion, funeral payments - KZT5.36 billion, payments to persons with disabilities - KZT1.58 billion. An amount of KZT151.78 billion was transferred to insurance organizationsAll up-to-date information on statistical data on pension assets is posted on the website enpf.kz in the section "Statistics and Analytics".UAPF was founded on August 22, 2013 on the basis of GNPF APF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, employer’s compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, as well as carries out enrollment and accounting of voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation for the guaranteed deposit, transferred by the organization carrying out mandatory guarantee of deposits, in accordance with the Law of the Republic of Kazakhstan "On mandatory guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension benefits. The Fund also carries out accounting of target assets and target requirements, accounting and crediting of target savings (TS) to target savings accounts, payments of TS to their recipients in bank accounts, accounting for returns of TS in the manner determined by the Government of the Republic of Kazakhstan within the framework of the National Fund for Children program (More details at www.enpf.kz)   Source : https://www.gov.kz/memleket/entities/abay/press/news/details/1041697?lang=kk

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To date, 67,949 small and medium–sized businesses operate in the region, employing 164.3 thousand employees, which is 3.2% more than last year (April 1, 2024 - 159.2 thousand people).The output of SMEs in the 1st quarter of this year also increased by 15.5% and amounted to 515.9 billion tenge (April 1, 2024 – 446.7 billion tenge).In general, more than 30% of the region's economy is provided by small and medium–sized businesses (the share of SMEs in the gross regional product is 30.2%).The positive dynamics of these indicators is greatly facilitated by the implementation of state support measures. Thus, within the framework of the Comprehensive Entrepreneurship Development Program for the 1st half of this year, 135 business projects for a total amount of loans of 15.9 billion tenge were provided with preferential lending conditions due to government subsidization of part of the interest rate and the provision of guarantees by Damu Entrepreneurship Development Fund JSC and a special Guarantee fund to cover the shortage of collateral. Projects implemented in rural areas account for 26%.In addition, work is underway to provide enterprises, including those located in the Industrial Zone in Kostanay, with the missing engineering and communication infrastructure. To date, 7 such projects are being implemented with a total cost of 486.3 million tenge, including in the Dzhangelda, Kostanay and Mendykara districts.In order to develop entrepreneurial potential in regions remote from the regional center, the Business-Komek Regional Lending Program was launched in 2023 at 1% per annum, which has no analogues among all government support tools. To date, the total amount of financing has been fully utilized: 37 loans totaling 1.5 billion tenge have been approved. Most of the loans are aimed at the development of animal husbandry.              In addition, financial institutions also implement their own business support programs. For example, for entrepreneurs of the single-industry towns of Lisakovsk, Zhitikara and Rudny, Halyk Bank launched a program of preferential loans in the amount of up to 50 million tenge at 10% per annum for investments and working capital for up to 5 years in the manufacturing industry (excluding production of tobacco products).In turn, the Damu Foundation has launched the implementation of the Orleu program, which provides loans to entrepreneurs in priority sectors of the economy in the amount of up to 7 billion tenge for up to 10 years with a remuneration rate of 12.6% per annum. Applications are accepted by Bank CenterCredit JSC, Halyk Bank of Kazakhstan JSC, Freedom bank JSC, ForteBank JSC and Nurbank JSC.In addition, work is underway in the region to create small industrial zones. Two projects are being implemented – the construction of a Localization center for the production of automotive components (on the territory of the Industrial Zone in Kostanay) and the reconstruction of the sewing workshops of the Bolshevichka factory. These projects involve the placement of small businesses on prepared and equipped with the necessary communications facilities on preferential rental terms.Much attention is paid to the development of social entrepreneurship. Currently, 66 representatives from our region are on the Register of Social Entrepreneurs. This category of entrepreneurs is given the opportunity to participate in the competition for grants up to 5 million tenge, subject to the social orientation of the business. The competition is scheduled for September of this year.At the same time, various non-financial support measures implemented by the Chamber of Entrepreneurs of Kostanay region covered about 1,500 business entities and individuals with entrepreneurial initiatives in the first half of this year.Source : https://www.gov.kz/memleket/entities/kostanay/press/news/details/1040858?lang=kk

This social facility is aimed at providing about 300 students with speech and other disabilities with modern comfortable accommodation. The dormitory has all the necessary conditions for students. There is a medical office, sports, exercise, and relaxation rooms. Currently, work is underway to erect the walls of the building. The facility is planned to be completed and commissioned in December of this year. The project implementation period and the quality of construction work are under control. The allocation of assets to important projects that directly affect the well-being of the local population and improve their lives continues.

Source : https://www.gov.kz/memleket/entities/almobl/press/news/details/1040712?lang=kk

2025 — Year of Working Professions: A flower gardener is a master of beauty and patience. He greets the morning not with the singing of birds, but with watering flowers. He listens to the breath of nature and feels the opening of each bud with his heart. A flower gardener is not just a profession, it is an art done with love and patience. In the heat of the sun and in the rain, a dedicated gardener grooms each flower and beautifies the surroundings. The flowers from his hands are a symbol of joy, happiness, and even hope. A flower gardener is a symbol of hard work and respect for beauty. The Year of Working Professions is a time to appreciate the work of such simple, yet essential people to society. We are very grateful to the gardeners who make flowers grow! #WorkingProfessionsYear2025 #FlowerGardener #LaborProsperity