Labour court dismissed union's appeal against tax authority's decision to deny tax exemption for pension funds.

The Labour Court rejected the appeal filed by the Pardia union against the Ministry of Finance's refusal to grant tax exemption status to a specific pension fund. The union argued that the fund met the statutory requirements for exemption, while the Ministry maintained that the fund failed to satisfy the strict conditions regarding its investment scope and distribution rules. The court upheld the Ministry's decision because the pension fund did not comply with the necessary criteria for tax exemption under the relevant tax legislation.