29 result(s) for legislation in Finance
Free Cash Withdrawal Maximum Rises
- 2 Feb 2026 7:33 AM
- http://www.hatc.hu
- finance
The monthly limit for free cash withdrawals has risen to Ft 300,000, up from Ft 150,000, effective 1 February. Retail clients may take up to Ft 300,000 in cash from a single bank account in up to two withdrawals a month. Any further withdrawals will be subject to the financial transaction tax.
Banks Oppose Raising Free Withdrawal Limit in Hungary
- 3 Nov 2025 7:15 AM
- finance
The Hungarian Banking Association voiced its "firm opposition" to draft legislation that would raise the amount of cash retail clients may withdraw free of charge from ATMs in a statement on Friday.
Capital Flight Risk: Banks Raise Red Flag Over New Bill on Foreign Funding in Hungary
- 27 May 2025 9:01 AM
- http://www.hatc.hu
- finance
Banks have warned that the government’s transparency bill on cutting off foreign funding for NGOs, media outlets and others is eroding confidence in the domestic financial system, which could lead to capital flight from the sector.
Updated: ATM's Mandated for Every Settlement in Hungary
- 30 Apr 2025 7:16 AM
- http://www.hatc.hu
- finance
The government has announced in the Hungarian Gazette that at least one ATM must be installed in every municipality, under a resolution signed by Prime Minister Viktor Orbán.
Updated: Hungary Rolls out Europe's Biggest Tax Reduction Programme
- 9 Apr 2025 7:18 AM
- finance
New measures announced by the government will give Hungary the "most comprehensive" tax system supporting children and employment in Europe and possibly the world, Gergely Gulyas, the head of the Prime Minister's Office, said at a weekly press briefing.
EC May Withhold a Further 10.4 Billion Euros from Hungary if Gov't Fails to Act
- 24 Mar 2025 6:47 AM
- http://www.hatc.hu
- finance
The European Commission has already taken Hungary to the European Court of Justice (ECJ) over its sovereignty protection law, but further consequences over the legislation may follow, Népszava reports.
Higher Tax Allowance Approved for Families Raising Children in Hungary
- 27 Nov 2024 5:17 AM
- finance
Tax allowances for families raising children are set to double in line with the tax changes parliament approved in a vote on Tuesday, the state secretary for family affairs said.
EU to Deduct Euro 200 Million Fine from Hungary's Funding
- 19 Sep 2024 6:50 AM
- finance
The European Commission will start deducting the 200 million euro fine from the funding payable to Hungary as the country has failed to pay by the deadline, the EC's spokesperson said.
Free Cash Withdrawals at Post Offices in Hungary
- 11 Apr 2024 5:58 AM
- http://www.hatc.hu
- finance
The opportunity for two free cash withdrawals of up to Ft 150,000 a month will be available at post offices, in addition to ATMs, under an amendment approved by Parliament yesterday to harmonise with EU legislation.
Free Cash Withdrawal Maximum Rises
- 2 Feb 2026 7:33 AM
- http://www.hatc.hu
- finance
The monthly limit for free cash withdrawals has risen to Ft 300,000, up from Ft 150,000, effective 1 February. Retail clients may take up to Ft 300,000 in cash from a single bank account in up to two withdrawals a month. Any further withdrawals will be subject to the financial transaction tax.
Banks Oppose Raising Free Withdrawal Limit in Hungary
- 3 Nov 2025 7:15 AM
- finance
The Hungarian Banking Association voiced its "firm opposition" to draft legislation that would raise the amount of cash retail clients may withdraw free of charge from ATMs in a statement on Friday.
Capital Flight Risk: Banks Raise Red Flag Over New Bill on Foreign Funding in Hungary
- 27 May 2025 9:01 AM
- http://www.hatc.hu
- finance
Banks have warned that the government’s transparency bill on cutting off foreign funding for NGOs, media outlets and others is eroding confidence in the domestic financial system, which could lead to capital flight from the sector.
Updated: ATM's Mandated for Every Settlement in Hungary
- 30 Apr 2025 7:16 AM
- http://www.hatc.hu
- finance
The government has announced in the Hungarian Gazette that at least one ATM must be installed in every municipality, under a resolution signed by Prime Minister Viktor Orbán.
Updated: Hungary Rolls out Europe's Biggest Tax Reduction Programme
- 9 Apr 2025 7:18 AM
- finance
New measures announced by the government will give Hungary the "most comprehensive" tax system supporting children and employment in Europe and possibly the world, Gergely Gulyas, the head of the Prime Minister's Office, said at a weekly press briefing.
EC May Withhold a Further 10.4 Billion Euros from Hungary if Gov't Fails to Act
- 24 Mar 2025 6:47 AM
- http://www.hatc.hu
- finance
The European Commission has already taken Hungary to the European Court of Justice (ECJ) over its sovereignty protection law, but further consequences over the legislation may follow, Népszava reports.
Higher Tax Allowance Approved for Families Raising Children in Hungary
- 27 Nov 2024 5:17 AM
- finance
Tax allowances for families raising children are set to double in line with the tax changes parliament approved in a vote on Tuesday, the state secretary for family affairs said.
EU to Deduct Euro 200 Million Fine from Hungary's Funding
- 19 Sep 2024 6:50 AM
- finance
The European Commission will start deducting the 200 million euro fine from the funding payable to Hungary as the country has failed to pay by the deadline, the EC's spokesperson said.
Free Cash Withdrawals at Post Offices in Hungary
- 11 Apr 2024 5:58 AM
- http://www.hatc.hu
- finance
The opportunity for two free cash withdrawals of up to Ft 150,000 a month will be available at post offices, in addition to ATMs, under an amendment approved by Parliament yesterday to harmonise with EU legislation.