Israel government approves compensation plan for businesses harme

ANI
03 Jul 2025, 20:29 GMT+10

Tel Aviv [Israel], July 3 (ANI/TPS): The government of Israel approved the implementation of what it called a broad compensation plan for businesses that were economically damaged due to Operation 'Rising Lion' against Iran.

The plan includes a spending track for businesses throughout the country, along with unique adjustments to the 'temporary unpaid vacation' model (temporary layoffs) in order to ensure a broad safety net for businesses and employees that were damaged due to the war and the Home Front Command's guidelines.

The compensation will be provided to businesses with an annual turnover ranging from 12,000 Shekels (USD 3,557) to 400 million Shekels (USD 118 million), and will be based on the rate of damage to the revenue cycle during the months of June or May-June 2025. Small businesses will receive a fixed grant according to the level of damage, and medium-sized and large businesses will receive partial reimbursement of expenses and salary payments. (ANI/TPS)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.

More Information

null in null

Small Business

Section

Israel government approves compensation plan for businesses harme

Tel Aviv [Israel], July 3 (ANI/TPS): The government of Israel approved the implementation of what it called a broad compensation plan...

Armenia to nationalize power grid owned by jailed Russian businessman

The National Assembly has passed a bill targeting the utility that belongs to Samvel Karapetyan The Armenian National Assembly has...

Israel government approves compensation plan for businesses harmed by Iran conflict

Tel Aviv [Israel], July 3 (ANI/TPS): The government of Israel approved the implementation of what it called a broad compensation plan...

Raja Raghuvanshi murder case: Accused Shillom James gets 14-day custody

Shillong (Meghalaya) [India], July 2 (ANI): In connection with the murder of businessman Raja Raghuvanshi, who was killed in Meghalaya...

Meerut administration ensures food joints along Kanwar yatra route display essential information

Meerut (Uttar Pradesh) [India], July 2 (ANI): The Meerut district administration has taken steps to ensure that Kanwariyas, devotees...

Richest Russians add $24 billion to wealth Bloomberg

Norilsk Nickels owner Vladimir Potanin and many others saw massive gains The combined net worth of Russia's wealthiest businessmen...

Automotive

Section

"BJP's 10-year vehicle ban will force 62 lakh to buy new vehicles; profits only auto giants while tormenting Delhiites": Atishi

New Delhi [India], July 2 (ANI): The Aam Aadmi Party (AAP) on Wednesday slammed the Delhi BJP government for its 'Tughlaqi' order,...