936 result(s) for budget bill
Best Festival In Europe Ready To Rock Budapest Again
- 19 May 2015 9:04 AM
- entertainment
More than 1,000 performances and activities are lined up for visitors to the annual Sziget Festival on Óbuda Island in 2015, chief organiser Károly Gerendai told us recently. Interest continues to grow in the festival after a new attendance record was set last year with more than 400,000 visitors. This year’s event will run from August 11-17, with a concert by Robbie Williams on August 10, the ...
Hungary’s Ad Tax Exemption Threshold Still Too High For Brussels
- 19 May 2015 9:00 AM
- business
The European Commission believes the proposed 100 million forints (EUR 325,000) exemption threshold for the advertising tax is still too high. The government is in talks with Brussels on the matter, Economy Minister Mihály Varga told commercial television ATV. The government has proposed making the ad tax rate a flat 5.3%, but allowing an exemption on a tax base up to 100 million forints.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Budget Chapters In Hungary Set For 2016
- 14 May 2015 9:00 AM
- business
The defence budget will be just below 300 billion forints, up 50 billion forints from 2015. The ministry of defence will contribute 4 billion forints to NATO’s budget and 2.29 billion forints to NATO’s Security Investment Programme. The interior ministry, which includes law enforcement, will have its budget raised from 483.7 billion forints this year to 504.7 billion in 2016. The budget of local ...
Hungarian Lawmakers Address Health-Care Sector Troubles
- 13 May 2015 9:00 AM
- health & wellness
Lawmakers addressed burning issues in health-care financing in parliament, ahead of a demonstration planned by workers in the sector this afternoon. István Ikotity, a lawmaker for the opposition LMP party, said Hungary’s health-care sector was overloaded and faced shortages in staff, equipment and medication supplies. He estimated that there is a shortage of some 6,000 nurses and their wages are ...
Hungarian Govt To Propose Stability Act Amendment
- 12 May 2015 9:00 AM
- business
The government will initiate an amendment to a rule on a nominal state debt threshold to better support economic growth. The Economy Ministry responded to a query by MTI after the Fiscal Council made a recommendation on the rule.
Ad Tax Changes Would Hurt Hungarian Consumer Goods Market
- 12 May 2015 9:00 AM
- business
Retailers could be seriously hurt by changes to the advertisement tax, especially in the consumer goods segment, the National Association of Retailers (OKSZ) reported. The consumer goods market is extremely price sensitive and both retailers and suppliers have a vested interest in curbing price rises, the OKSZ said in a statement.
Hungarian Socialists Say Fidesz Government Has Failed
- 11 May 2015 9:00 AM
- current affairs
Now that a year has passed since the general election in Hungary, it is clear that the government has failed, László Botka, head of the national board of the opposition Socialist Party (MSZP), said. Botka said Fidesz won a second supermajority in last year’s general election by rewriting the election system, but has since lost over 40% of its voters.
EU, Hungary Economy Growing, Says Varga
- 27 Apr 2015 9:00 AM
- business
Hungary has successfully completed structural transformations in its jobs market and tax system, Economy Minister Mihály Varga said after a meeting of Ecofin in Riga. Varga said European Union ministers had reviewed economic progress in the bloc and of individual member states.
Best Festival In Europe Ready To Rock Budapest Again
- 19 May 2015 9:04 AM
- entertainment
More than 1,000 performances and activities are lined up for visitors to the annual Sziget Festival on Óbuda Island in 2015, chief organiser Károly Gerendai told us recently. Interest continues to grow in the festival after a new attendance record was set last year with more than 400,000 visitors. This year’s event will run from August 11-17, with a concert by Robbie Williams on August 10, the ...
Hungary’s Ad Tax Exemption Threshold Still Too High For Brussels
- 19 May 2015 9:00 AM
- business
The European Commission believes the proposed 100 million forints (EUR 325,000) exemption threshold for the advertising tax is still too high. The government is in talks with Brussels on the matter, Economy Minister Mihály Varga told commercial television ATV. The government has proposed making the ad tax rate a flat 5.3%, but allowing an exemption on a tax base up to 100 million forints.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Budget Chapters In Hungary Set For 2016
- 14 May 2015 9:00 AM
- business
The defence budget will be just below 300 billion forints, up 50 billion forints from 2015. The ministry of defence will contribute 4 billion forints to NATO’s budget and 2.29 billion forints to NATO’s Security Investment Programme. The interior ministry, which includes law enforcement, will have its budget raised from 483.7 billion forints this year to 504.7 billion in 2016. The budget of local ...
Hungarian Lawmakers Address Health-Care Sector Troubles
- 13 May 2015 9:00 AM
- health & wellness
Lawmakers addressed burning issues in health-care financing in parliament, ahead of a demonstration planned by workers in the sector this afternoon. István Ikotity, a lawmaker for the opposition LMP party, said Hungary’s health-care sector was overloaded and faced shortages in staff, equipment and medication supplies. He estimated that there is a shortage of some 6,000 nurses and their wages are ...
Hungarian Govt To Propose Stability Act Amendment
- 12 May 2015 9:00 AM
- business
The government will initiate an amendment to a rule on a nominal state debt threshold to better support economic growth. The Economy Ministry responded to a query by MTI after the Fiscal Council made a recommendation on the rule.
Ad Tax Changes Would Hurt Hungarian Consumer Goods Market
- 12 May 2015 9:00 AM
- business
Retailers could be seriously hurt by changes to the advertisement tax, especially in the consumer goods segment, the National Association of Retailers (OKSZ) reported. The consumer goods market is extremely price sensitive and both retailers and suppliers have a vested interest in curbing price rises, the OKSZ said in a statement.
Hungarian Socialists Say Fidesz Government Has Failed
- 11 May 2015 9:00 AM
- current affairs
Now that a year has passed since the general election in Hungary, it is clear that the government has failed, László Botka, head of the national board of the opposition Socialist Party (MSZP), said. Botka said Fidesz won a second supermajority in last year’s general election by rewriting the election system, but has since lost over 40% of its voters.
EU, Hungary Economy Growing, Says Varga
- 27 Apr 2015 9:00 AM
- business
Hungary has successfully completed structural transformations in its jobs market and tax system, Economy Minister Mihály Varga said after a meeting of Ecofin in Riga. Varga said European Union ministers had reviewed economic progress in the bloc and of individual member states.