Global Economy

Hungary PM Magyar says to cut income tax on minimum wage to 9% next year; Income tax will fall for more than 2mln taxpayers next year, at a cost of HUF 250bln

StockNow breaking-news AI analysis

The report outlines a planned minimum-wage income-tax cut, broader taxpayer tax reductions, and a doubling of the family allowance next year, with stated costs.

News detail

To double family allowance next year; measure to cost HUF 300bln.

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