50 result(s) for passed in Business
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
4,000 Hungarians Sleeping Rough, Survey Shows
- 5 Dec 2016 11:58 AM
- http://budapestbeacon.com/
- business
There are as many as 15,000 homeless people in Hungary. Of these, some 4,000 are sleeping rough, according to a survey conducted by Hungarian NGO Menhely Alapitvány (Shelter Foundation), index.hu reports. Roughly one-third of them are in Budapest.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.
Szijjártó: EU - Canada Free Trade Deal ‘Uncertain’
- 19 Oct 2016 9:00 AM
- business
It continues to be uncertain if the free trade agreement between the European Union and Canada could be signed next week as planned, the Hungarian foreign minister said on Tuesday. Speaking after a meeting of foreign and trade ministers of the EU, Péter Szijjártó said that several countries had voiced doubt about the agreement.
Banks Offer New Basic Accounts
- 18 Oct 2016 9:00 AM
- business
Banks have begun offering a cheap, so-called basic bank account to clients from October 15, as mandated in a law passed in early September. Banks’ maximum charges on such accounts are set at 1.5% of the minimum wage at the end of the previous year, or Ft 1,575 at present.
Andy Vajna Hits The Jackpot With New Online Gambling Regulations In Hungary
- 30 Sep 2016 9:00 AM
- business
On Tuesday the Hungarian parliament passed a law regulating online gambling introduced only the previous day. The bill’s sponsors justified the extraordinary measure by claiming the measure was necessary to combat illegal online gambling. The government expects the modification to drive international on-line gambling operators out of the Hungarian market.
Brussels Gives Hungary’s Stats Office High Marks
- 24 May 2016 10:00 AM
- business
The Central Statistical Office (KSH) has passed its European audit with high marks, KSH president Gabriella Vukovich said. A three-member team from the European Commission audited KSH’s operations a year ago and found that the office complies with the requirements of the European Statistical System.
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
4,000 Hungarians Sleeping Rough, Survey Shows
- 5 Dec 2016 11:58 AM
- http://budapestbeacon.com/
- business
There are as many as 15,000 homeless people in Hungary. Of these, some 4,000 are sleeping rough, according to a survey conducted by Hungarian NGO Menhely Alapitvány (Shelter Foundation), index.hu reports. Roughly one-third of them are in Budapest.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.
Szijjártó: EU - Canada Free Trade Deal ‘Uncertain’
- 19 Oct 2016 9:00 AM
- business
It continues to be uncertain if the free trade agreement between the European Union and Canada could be signed next week as planned, the Hungarian foreign minister said on Tuesday. Speaking after a meeting of foreign and trade ministers of the EU, Péter Szijjártó said that several countries had voiced doubt about the agreement.
Banks Offer New Basic Accounts
- 18 Oct 2016 9:00 AM
- business
Banks have begun offering a cheap, so-called basic bank account to clients from October 15, as mandated in a law passed in early September. Banks’ maximum charges on such accounts are set at 1.5% of the minimum wage at the end of the previous year, or Ft 1,575 at present.
Andy Vajna Hits The Jackpot With New Online Gambling Regulations In Hungary
- 30 Sep 2016 9:00 AM
- business
On Tuesday the Hungarian parliament passed a law regulating online gambling introduced only the previous day. The bill’s sponsors justified the extraordinary measure by claiming the measure was necessary to combat illegal online gambling. The government expects the modification to drive international on-line gambling operators out of the Hungarian market.
Brussels Gives Hungary’s Stats Office High Marks
- 24 May 2016 10:00 AM
- business
The Central Statistical Office (KSH) has passed its European audit with high marks, KSH president Gabriella Vukovich said. A three-member team from the European Commission audited KSH’s operations a year ago and found that the office complies with the requirements of the European Statistical System.
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.