150 result(s) for income in Business
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Growth ‘Sustainable For Now’
- 17 May 2016 9:00 AM
- business
Hungary can for the time being maintain slow economic growth of a middling rate in comparison with the region thanks to European Union subsidies and improvement in terms of trade, György Surányi told the daily Népszabadság. The former central bank governor said the current rate of growth however would lead to the country falling behind in the longer run.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
EU Court Of Justice Hands Down Landmark Ruling In Casino Case
- 31 Mar 2016 9:00 AM
- business
The European Union Court of Justice has just handed down a landmark decision in a case pertaining to Hungary’s decision to deprive some 1,200 companies of their businesses, reports Hungarian news site 24.hu. The court’s decision has paved the way for the plaintiffs to sue the Hungarian state for enormous damages.
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%.
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
New Tax System To Leave HUF 850 Bn With Tax Payers In 2016
- 18 Jan 2016 11:00 AM
- business
Hungary’s reformed tax system is set to leave 850 billion forints (EUR 2.7bn) with taxpayers in 2016 in comparison with 2010, the daily Magyar Idők said. Economy Minister Mihály Varga told the paper that the government’s main aim when it comes to reforming the tax system is to make sure more money stays in people’s pockets.
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Growth ‘Sustainable For Now’
- 17 May 2016 9:00 AM
- business
Hungary can for the time being maintain slow economic growth of a middling rate in comparison with the region thanks to European Union subsidies and improvement in terms of trade, György Surányi told the daily Népszabadság. The former central bank governor said the current rate of growth however would lead to the country falling behind in the longer run.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
EU Court Of Justice Hands Down Landmark Ruling In Casino Case
- 31 Mar 2016 9:00 AM
- business
The European Union Court of Justice has just handed down a landmark decision in a case pertaining to Hungary’s decision to deprive some 1,200 companies of their businesses, reports Hungarian news site 24.hu. The court’s decision has paved the way for the plaintiffs to sue the Hungarian state for enormous damages.
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%.
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
New Tax System To Leave HUF 850 Bn With Tax Payers In 2016
- 18 Jan 2016 11:00 AM
- business
Hungary’s reformed tax system is set to leave 850 billion forints (EUR 2.7bn) with taxpayers in 2016 in comparison with 2010, the daily Magyar Idők said. Economy Minister Mihály Varga told the paper that the government’s main aim when it comes to reforming the tax system is to make sure more money stays in people’s pockets.