99 result(s) for excise tax
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
New Excise Tax Rules To Lift Vehicle Fuel Prices
- 30 Sep 2016 12:31 PM
- shopping
Wholesale vehicle fuel prices in Hungary will rise about 6-13 (EUR 0.02 – 0.04) forints per litre from Saturday, when new rules on excise tax take effect. The price of petrol will rise by 6.4 forints per litre, bringing the price at the pump to around 340 forints.
Excise Tax On Petrol & Diesel To Rise From October
- 22 Sep 2016 9:00 AM
- shopping
The excise tax of petrol will rise by 5 forints per litre and that of diesel by 10 forints per litre from Oct. 1, in line with legislation passed in June linking excise tax on vehicle fuel to global energy prices. According to the June legislation if the average global price of Brent oil in a designated period is below 50 US dollars per barrel then excise tax of fuel rises.
Cigarette Prices To Be Hiked From Thursday
- 31 Aug 2016 9:00 AM
- shopping
Based on a new law on excise tax adopted by Hungarian lawmakers in June, the excise tax on tobacco products will increase from Thursday, and more price hikes are coming, according to Hungarian news agency MTI, reported by business news portal napi.hu.
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
EC Closes One Infringement Procedure Against Hungary, Launches Another
- 29 Apr 2016 9:00 AM
- current affairs
The European Commission has closed an infringement procedure against Hungary related to excise tax rules for pálinka, the Hungarian fruit brandy, but launched another one on exemptions for pálinka and herbal spirits from a product tax, the EC’s press service said.
Orbán: Investigator Teams To Seek Hungarian Implications Of Panama Papers
- 14 Apr 2016 1:30 AM
- current affairs
Police and the tax and excise office will set up special teams to investigate exclusively Hungarian involvement in the international offshore “Panama Papers” scandal, Prime Minister Viktor Orbán said after a meeting of the national security committee.
Hungary A Land Of Many Taxes
- 9 Mar 2016 8:00 AM
- business
Hungary has 60 forms of tax, most of which yield less than 1% of total tax revenue, the Jalsovszky law firm has found. VAT contributes more than 25% of budget revenue, personal income tax brings in 13.5% and the excise tax 7.8%, but most of the existing tax types contribute less than 1%.
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
New Excise Tax Rules To Lift Vehicle Fuel Prices
- 30 Sep 2016 12:31 PM
- shopping
Wholesale vehicle fuel prices in Hungary will rise about 6-13 (EUR 0.02 – 0.04) forints per litre from Saturday, when new rules on excise tax take effect. The price of petrol will rise by 6.4 forints per litre, bringing the price at the pump to around 340 forints.
Excise Tax On Petrol & Diesel To Rise From October
- 22 Sep 2016 9:00 AM
- shopping
The excise tax of petrol will rise by 5 forints per litre and that of diesel by 10 forints per litre from Oct. 1, in line with legislation passed in June linking excise tax on vehicle fuel to global energy prices. According to the June legislation if the average global price of Brent oil in a designated period is below 50 US dollars per barrel then excise tax of fuel rises.
Cigarette Prices To Be Hiked From Thursday
- 31 Aug 2016 9:00 AM
- shopping
Based on a new law on excise tax adopted by Hungarian lawmakers in June, the excise tax on tobacco products will increase from Thursday, and more price hikes are coming, according to Hungarian news agency MTI, reported by business news portal napi.hu.
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
EC Closes One Infringement Procedure Against Hungary, Launches Another
- 29 Apr 2016 9:00 AM
- current affairs
The European Commission has closed an infringement procedure against Hungary related to excise tax rules for pálinka, the Hungarian fruit brandy, but launched another one on exemptions for pálinka and herbal spirits from a product tax, the EC’s press service said.
Orbán: Investigator Teams To Seek Hungarian Implications Of Panama Papers
- 14 Apr 2016 1:30 AM
- current affairs
Police and the tax and excise office will set up special teams to investigate exclusively Hungarian involvement in the international offshore “Panama Papers” scandal, Prime Minister Viktor Orbán said after a meeting of the national security committee.
Hungary A Land Of Many Taxes
- 9 Mar 2016 8:00 AM
- business
Hungary has 60 forms of tax, most of which yield less than 1% of total tax revenue, the Jalsovszky law firm has found. VAT contributes more than 25% of budget revenue, personal income tax brings in 13.5% and the excise tax 7.8%, but most of the existing tax types contribute less than 1%.