Family tax allowances will also be deductible from the 7% health and 10% pension contributions, which will especially serve the interests of low-income families, Government Spokesperson András Giró-Szász stated, commenting on 2014 tax laws on Friday.
The Hungaricum Act, which was unanimously adopted by Parliament over a year ago, is a unique piece of legislation that guarantees the protection of the greatest achievements and treasures of the Hungarian people, the Minister for Rural Development stressed on Saturday in Csepel, Budapest.
The main problem with the elements of the Trans-European Transport Network (TEN-T) in Hungary is that, although the vast majority of the infrastructure has been established, the quality is bad or the capacity falls short of demand. Thus, according to the Hungarian position, making substantial improvements to the sections available is at least as important in solving bottlenecks as establishing the missing connections, Minister of State for Infrastructure Pál Völner emphasised at the TEN-T Days 2013 conference in Tallinn on 17 October 2013.
Representatives of the governments of Hungary and Great Britain discussed the most important issues relating to economic policy and government communications at an informal workshop held on October 16-17.
Hungarian Prime Minister Viktor Orbán, currently on an official visit to India, opened trading at the Bombay Stock Exchange (BSE) at 9:15 am local time, on Friday.
According to the latest statistics of the Hungarian Central Statistical Office (KSH), wages are continuing to rise. In January-August 2013, gross and net average wages within the national economy were 3.4 percent and 4.8 percent higher, respectively, year-on-year. Thanks to Government measures, along with the steady increase of real wages the improving employment trend is also expected to contribute to the stimulation of domestic consumption.
One of the fundamental principles of the fight against poverty is that, rather than resorting to the mere treatment of the symptoms, we should tackle the processes and situations that constantly regenerate poverty on a systemic level, Zoltán Kovács, State Secretary for Social Inclusion at the Ministry of Human Resources said on Thursday in Bátonyterenye in Nógrád County.
October 17, 2013
In August 2013 – in light of both unadjusted and workday-adjusted data – the volume of construction sector output increased significantly, by 14.6 percent, in comparison to the corresponding period of the previous year.
Central Europe is a promising region in terms of investment for India, Prime Minister Viktor Orbán said in New Delhi on Thursday.