70 result(s) for govt in Business
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
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 ...
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Govt To Create A More Taxpayer-Friendly, Less Complicated Tax Regime
- 14 Oct 2015 9:00 AM
- business
The Government aims to set up a new, customer-friendly taxation system that is faster and requires less administration and bureaucracy, Minister of State for Parliamentary Affairs and Taxation András Tállai said at a press conference after having presented a bill on the rules of taxation to Hungary’s National Assembly.
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Hungarian Govt To Sign Strategic Cooperation Agreement With Unilever
- 27 Jul 2015 9:00 AM
- business
The government is to sign a strategic cooperation agreement with Unilever Hungary Trading company in line with a decision published in the latest issue of official gazette Magyar Közlöny. The foreign minister is expected to arrange the signing of the agreement with Unilever, a large investor in Hungary. Since 2012, the government has signed partnership agreements with 61 companies investing in ...
Hungarian Govt “Ready To Face” EC Probes
- 17 Jul 2015 9:00 AM
- business
The government is ready to face European Commission probes into Hungary’s supermarket oversight fee and health-care contribution payable by tobacco companies, government office chief János Lázár said. He insisted that the Spar supermarket chain and tobacco maker Philip Morris had filed complaints against Hungary in Brussels, and the government is ready to “argue its case”.
Hungarian Govt To Propose Stability Act Amendment
- 12 May 2015 9:00 AM
- business
The government will initiate an amendment to a rule on a nominal state debt threshold to better support economic growth. The Economy Ministry responded to a query by MTI after the Fiscal Council made a recommendation on the rule.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
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 ...
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Govt To Create A More Taxpayer-Friendly, Less Complicated Tax Regime
- 14 Oct 2015 9:00 AM
- business
The Government aims to set up a new, customer-friendly taxation system that is faster and requires less administration and bureaucracy, Minister of State for Parliamentary Affairs and Taxation András Tállai said at a press conference after having presented a bill on the rules of taxation to Hungary’s National Assembly.
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Hungarian Govt To Sign Strategic Cooperation Agreement With Unilever
- 27 Jul 2015 9:00 AM
- business
The government is to sign a strategic cooperation agreement with Unilever Hungary Trading company in line with a decision published in the latest issue of official gazette Magyar Közlöny. The foreign minister is expected to arrange the signing of the agreement with Unilever, a large investor in Hungary. Since 2012, the government has signed partnership agreements with 61 companies investing in ...
Hungarian Govt “Ready To Face” EC Probes
- 17 Jul 2015 9:00 AM
- business
The government is ready to face European Commission probes into Hungary’s supermarket oversight fee and health-care contribution payable by tobacco companies, government office chief János Lázár said. He insisted that the Spar supermarket chain and tobacco maker Philip Morris had filed complaints against Hungary in Brussels, and the government is ready to “argue its case”.
Hungarian Govt To Propose Stability Act Amendment
- 12 May 2015 9:00 AM
- business
The government will initiate an amendment to a rule on a nominal state debt threshold to better support economic growth. The Economy Ministry responded to a query by MTI after the Fiscal Council made a recommendation on the rule.