1,693 result(s) for reduce
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Hungary Offers Additional HUF 1bn For Fight Against Climate Change
- 8 Dec 2015 5:00 AM
- current affairs
Hungary has offered to contribute an additional 1 billion forints (USD 3.47m) for international climate management and the success of the Paris climate summit on top of the 1 billion forints previously offered for the Green climate fund operating under a United Nations framework agreement, a development ministry official said.
Szijjártó: Budapest Belgrade Rail Line Has Huge Economic Importance
- 7 Dec 2015 8:00 AM
- current affairs
The revamp of the Budapest-Belgrade rail line and the fact that it will reduce journey times between the two cities will have huge economic importance, since the line will be the primary trade route for Chinese goods between Greece’s ports and Western Europe, Hungary’s foreign minister told Serbian daily Politika. Szijjártó said the investment project, financed in large part by China, is unique ...
Budapest To Join ‘Under 2 MOU’ Climate Protection Initiative
- 3 Dec 2015 8:00 AM
- current affairs
Budapest plans to join the international climate protection initiative “Under 2 MOU”, the metropolitan council’s general assembly meeting decided. The alliance was set up at the initiative of California and Baden- Wurttemberg by the leaders of twelve regions around the world in May this year. The participants undertake to reduce green-house gas emissions from 1990’s level by 80% by the year 2050.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...
Never Ever Will I “Roam” Again, Thanks to CitySIM
- 25 Nov 2015 7:58 AM
- specials
While everyone is waiting for the new EU regulations to be implimented, its easy to forget that the world does not end with Europe and this new policy will not solve the problem most business travellers and tourist have to face outside the EU borders.
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Govt Considers Setting Up 2,000 Free Wi-Fi Access Points
- 13 Nov 2015 10:00 AM
- tech
The government is considering setting up around 2,000 free Wi- Fi access points, using the already existing 1,300 e-Hungary points as a foundation for the project, daily Népszabadság said. In settlements without e-Hungary points, Wi- Fi access will be set up in local municipality offices or the most frequented public spaces.
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Hungary Offers Additional HUF 1bn For Fight Against Climate Change
- 8 Dec 2015 5:00 AM
- current affairs
Hungary has offered to contribute an additional 1 billion forints (USD 3.47m) for international climate management and the success of the Paris climate summit on top of the 1 billion forints previously offered for the Green climate fund operating under a United Nations framework agreement, a development ministry official said.
Szijjártó: Budapest Belgrade Rail Line Has Huge Economic Importance
- 7 Dec 2015 8:00 AM
- current affairs
The revamp of the Budapest-Belgrade rail line and the fact that it will reduce journey times between the two cities will have huge economic importance, since the line will be the primary trade route for Chinese goods between Greece’s ports and Western Europe, Hungary’s foreign minister told Serbian daily Politika. Szijjártó said the investment project, financed in large part by China, is unique ...
Budapest To Join ‘Under 2 MOU’ Climate Protection Initiative
- 3 Dec 2015 8:00 AM
- current affairs
Budapest plans to join the international climate protection initiative “Under 2 MOU”, the metropolitan council’s general assembly meeting decided. The alliance was set up at the initiative of California and Baden- Wurttemberg by the leaders of twelve regions around the world in May this year. The participants undertake to reduce green-house gas emissions from 1990’s level by 80% by the year 2050.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...
Never Ever Will I “Roam” Again, Thanks to CitySIM
- 25 Nov 2015 7:58 AM
- specials
While everyone is waiting for the new EU regulations to be implimented, its easy to forget that the world does not end with Europe and this new policy will not solve the problem most business travellers and tourist have to face outside the EU borders.
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Govt Considers Setting Up 2,000 Free Wi-Fi Access Points
- 13 Nov 2015 10:00 AM
- tech
The government is considering setting up around 2,000 free Wi- Fi access points, using the already existing 1,300 e-Hungary points as a foundation for the project, daily Népszabadság said. In settlements without e-Hungary points, Wi- Fi access will be set up in local municipality offices or the most frequented public spaces.















