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27 result(s) for excise tax in Current Affairs

Tax Hike on Fuels Proposed by Brussels, Hungary Seeks Exemption

Tax Hike on Fuels Proposed by Brussels, Hungary Seeks Exemption

The European Commission has proposed raising excise tax on fuel, according to business daily Világgazdaság, adding that Hungary is seeking an exemption until end-2023 from the obligation.
Opposition Demands Protection for Hungarians After Gov't Scrapping Fuel Price Caps

Opposition Demands Protection for Hungarians After Gov't Scrapping Fuel Price Caps

Opposition parties called on the government to provide protection for citizens after scrapping the price caps on fuels late on Tuesday.
'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

The government’s 2023 draft budget would pass on the responsibility for enacting “severe austerity measures” to local councils, Gergely Karácsony, the mayor of Budapest, told a press conference, adding that the opposition parties plan to submit a package of amendments.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Petrol Price Cap Creates Chaos in Hungary

Petrol Price Cap Creates Chaos in Hungary

At an extraordinary night-time press conference, Prime Minister’s Office leader Gergely Gulyás, speaking alongside MOL chairman and CEO Zsolt Hernádi, announced a series of measures designed to combat the confusion and chaos that has developed at filling stations as a result of the price cap on petrol.
Hungary to Maintain Fuels Cap, Energy Supplies Guaranteed

Hungary to Maintain Fuels Cap, Energy Supplies Guaranteed

The government has decided to maintain the cap on the price of petrol, the prime minister's chief of staff said, to rein in inflation and protect families from the impact of rising energy prices.
EUR 4.3 Million Worth Of Counterfeit Clothing Seized In Hungary

EUR 4.3 Million Worth Of Counterfeit Clothing Seized In Hungary

Officials of Hungary’s National Tax and Customs Authority (NAV) have seized fake branded clothing with a market value of more than 1.5 billion forints (EUR 4.3m) from a lorry with Turkish licence plates on the M43 motorway in southern Hungary, NAV has said.
Nigerian Man Caught With 1 Kg Of Cocaine & Heroin In His Body At Budapest Airport

Nigerian Man Caught With 1 Kg Of Cocaine & Heroin In His Body At Budapest Airport

A Nigerian national was detained at Budapest’s Liszt Ferenc International Airport after he was caught trying to smuggle almost 1kg of cocaine and heroin into Hungary in his body, the tax and customs office (NAV) said. 
EC Sues Hungary Over Cigarette Tax

EC Sues Hungary Over Cigarette Tax

The European Commission has turned to the Court of Justice because the excise tax on cigarettes in Hungary is below the minimum required by the EU, the European authority announced on its website on Thursday.
Tax Hike on Fuels Proposed by Brussels, Hungary Seeks Exemption

Tax Hike on Fuels Proposed by Brussels, Hungary Seeks Exemption

The European Commission has proposed raising excise tax on fuel, according to business daily Világgazdaság, adding that Hungary is seeking an exemption until end-2023 from the obligation.
Opposition Demands Protection for Hungarians After Gov't Scrapping Fuel Price Caps

Opposition Demands Protection for Hungarians After Gov't Scrapping Fuel Price Caps

Opposition parties called on the government to provide protection for citizens after scrapping the price caps on fuels late on Tuesday.
'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

'Severe Austerity' Enactment Will ve Passed to Local Councils by Gov't, Says Budapest Major

The government’s 2023 draft budget would pass on the responsibility for enacting “severe austerity measures” to local councils, Gergely Karácsony, the mayor of Budapest, told a press conference, adding that the opposition parties plan to submit a package of amendments.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Petrol Price Cap Creates Chaos in Hungary

Petrol Price Cap Creates Chaos in Hungary

At an extraordinary night-time press conference, Prime Minister’s Office leader Gergely Gulyás, speaking alongside MOL chairman and CEO Zsolt Hernádi, announced a series of measures designed to combat the confusion and chaos that has developed at filling stations as a result of the price cap on petrol.
Hungary to Maintain Fuels Cap, Energy Supplies Guaranteed

Hungary to Maintain Fuels Cap, Energy Supplies Guaranteed

The government has decided to maintain the cap on the price of petrol, the prime minister's chief of staff said, to rein in inflation and protect families from the impact of rising energy prices.
EUR 4.3 Million Worth Of Counterfeit Clothing Seized In Hungary

EUR 4.3 Million Worth Of Counterfeit Clothing Seized In Hungary

Officials of Hungary’s National Tax and Customs Authority (NAV) have seized fake branded clothing with a market value of more than 1.5 billion forints (EUR 4.3m) from a lorry with Turkish licence plates on the M43 motorway in southern Hungary, NAV has said.
Nigerian Man Caught With 1 Kg Of Cocaine & Heroin In His Body At Budapest Airport

Nigerian Man Caught With 1 Kg Of Cocaine & Heroin In His Body At Budapest Airport

A Nigerian national was detained at Budapest’s Liszt Ferenc International Airport after he was caught trying to smuggle almost 1kg of cocaine and heroin into Hungary in his body, the tax and customs office (NAV) said. 
EC Sues Hungary Over Cigarette Tax

EC Sues Hungary Over Cigarette Tax

The European Commission has turned to the Court of Justice because the excise tax on cigarettes in Hungary is below the minimum required by the EU, the European authority announced on its website on Thursday.