467 result(s) for tax cut
Hungarian Lawmakers Address Health-Care Sector Troubles
- 13 May 2015 9:00 AM
- health & wellness
Lawmakers addressed burning issues in health-care financing in parliament, ahead of a demonstration planned by workers in the sector this afternoon. István Ikotity, a lawmaker for the opposition LMP party, said Hungary’s health-care sector was overloaded and faced shortages in staff, equipment and medication supplies. He estimated that there is a shortage of some 6,000 nurses and their wages are ...
VAT On Internet Subscriptions In Hungary May Be Cut To 18%
- 8 May 2015 4:00 AM
- tech
The VAT rate on internet subscriptions may be reduced from 27% to 18% from next January, daily Napi Gazdaság said. Further, one of the main pillars of the public utilities tax may be reduced from 2017. The reduction would be a quid pro quo for telecommunication companies helping to develop a superfast broadband network, to which the government may contribute 150 billion forints (EUR 492m), the ...
Xpat Interview: Alexander Drijver, Former CEO of ComInnex
- 4 May 2015 12:00 PM
Alex describes himself as someone who "works with scientific entrepreneurs to nurture and grow their business, put them on the map in their chosen area and create value".
Hungary’s PM Calls Socialists Hypocritical Over Vatcut Proposal
- 28 Apr 2015 9:00 AM
- current affairs
Prime Minister Viktor Orbán in parliament has dismissed a Socialist proposal to cut value-added tax on some products and called the opposition party “hypocritical”. The Socialists want to reduce “the very VAT which they raised high-sky”, Orbán insisted, responding to a proposal by Socialist MP Zoltán Gőgös to reduce VAT on products rather than cutting personal income tax in 2016.
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Hungarian Lawmakers Address Health-Care Sector Troubles
- 13 May 2015 9:00 AM
- health & wellness
Lawmakers addressed burning issues in health-care financing in parliament, ahead of a demonstration planned by workers in the sector this afternoon. István Ikotity, a lawmaker for the opposition LMP party, said Hungary’s health-care sector was overloaded and faced shortages in staff, equipment and medication supplies. He estimated that there is a shortage of some 6,000 nurses and their wages are ...
VAT On Internet Subscriptions In Hungary May Be Cut To 18%
- 8 May 2015 4:00 AM
- tech
The VAT rate on internet subscriptions may be reduced from 27% to 18% from next January, daily Napi Gazdaság said. Further, one of the main pillars of the public utilities tax may be reduced from 2017. The reduction would be a quid pro quo for telecommunication companies helping to develop a superfast broadband network, to which the government may contribute 150 billion forints (EUR 492m), the ...
Xpat Interview: Alexander Drijver, Former CEO of ComInnex
- 4 May 2015 12:00 PM
Alex describes himself as someone who "works with scientific entrepreneurs to nurture and grow their business, put them on the map in their chosen area and create value".
Hungary’s PM Calls Socialists Hypocritical Over Vatcut Proposal
- 28 Apr 2015 9:00 AM
- current affairs
Prime Minister Viktor Orbán in parliament has dismissed a Socialist proposal to cut value-added tax on some products and called the opposition party “hypocritical”. The Socialists want to reduce “the very VAT which they raised high-sky”, Orbán insisted, responding to a proposal by Socialist MP Zoltán Gőgös to reduce VAT on products rather than cutting personal income tax in 2016.
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...