TMSF increases the amount of deposits and participation funds subject to insurance

The Savings Deposit Insurance Fund (TMSF) has increased the amount of deposits and participation funds subject to insurance, which was 400 thousand liras, to 650 thousand liras, effective from 2024.

The decision by the TMSF was published in today's issue of the Official Gazette.

Accordingly, the amount of deposits and participation funds subject to insurance, which was 400 thousand liras, has been increased to 650 thousand liras, effective from 2024.

The decision in question was taken in accordance with Article 4 of the Regulation on Deposits and Participation Funds Subject to Insurance and Premiums to be Collected by the Savings Deposit Insurance Fund, and the Tax Procedure Law No. 213, taking into account the revaluation rate announced in the Official Gazette No. 32380.