Newlywed couples will receive a total of 1 million won in tax credits and children's tax credits.

In order to cope with the low birth rate, tax benefits related to marriage, childbirth, and childcare will be strengthened this year.

From the year-end settlement in January, a new marriage tax credit will be established that will deduct 500,000 won per married couple who reported marriage last year (2024), a total of 1 million won.

The system will be implemented temporarily from 2024 to 2026, and will be subject to once-in-a-lifetime application.

All childbirth subsidies paid by companies to workers will be tax-free, and the amount of child tax credit will be raised by 100,000 won to 250,000 won for the first time, 300,000 won for the second time, and 400,000 won for the third or more.

This year, the minimum hourly wage will also exceed 10,000 won for the first time at 10,000 won.

The soldier's salary will be increased from 1.25 million won to 1.5 million won for sergeant, and from 640,000 won to 750,000 won for private soldiers.

The government's support fund for soldiers who are discharged from the military will increase from 400,000 won to 550,000 won per month.