#Gravitas A new Israeli tax authority study shows a sharp surge in emigration among the country’s highest-paid professionals, including technology workers, doctors and engineers, raising fears in Israel of a deepening brain drain and billions of dollars in lost tax revenue. 


Emigration of highly educated Israelis hits record high 

Nine years after India replaced 17 Central and State levies with a single indirect tax, the Goods and Services Tax (GST) continues to rewrite the country's economic story. In this video, we decode how GST reshaped Indian business and what the latest milestones mean for the future of the economy.

Nine years of GST: India's compliance phase starts

In a historic move toward greater transparency, King Charles III has become the first reigning British sovereign to publicly disclose his personal tax payments. Buckingham Palace released the figures on June 25, 2026, revealing that the King voluntarily paid £12.9 million ($17 million) in income and capital gains tax for the 2024–2025 financial year.

King Charles Becomes First Reigning Monarch to Disclose Taxes

Donald Trump and members of the Trump family are facing intense scrutiny after reports claimed pending tax audits and investigations linked to the Trump Organization could be blocked or dropped. 


Trump Family Tax Shield Sparks Massive Political And Legal Storm

India is reportedly considering tax cuts for foreign investors buying Indian bonds as policymakers look to attract more overseas capital into the country’s debt markets. The move, backed by the Reserve Bank of India, could make Indian government securities more attractive to global funds and improve bond inflows. Analysts say easier tax rules may help strengthen India’s financial markets at a time of shifting global investment trends and rising competition for foreign capital.


Tax Relief for Foreigners Plan to Boost India Bond Inflows 

A new analysis by Oxfam claims the world’s richest may be hiding up to $3.55 trillion in offshore assets, raising serious concerns over tax avoidance. The report highlights how vast wealth remains largely untaxed, widening inequality. Oxfam is now urging governments worldwide to close loopholes and ensure fair taxation as pressure mounts for greater financial transparency.


Oxfam Urges Governments Across The Global To Tax Loopholes

Iran’s parliament is discussing a proposal to impose a security tax on ships transiting the Strait of Hormuz, a key global trade route. The move comes amid rising tensions and disruptions in maritime traffic, raising concerns over global energy supplies, shipping costs, and further escalation in the region.

Hormuz Crisis: Iran Mulls Security Tax on Hormuz Ships Amid Rising Tensions and Trade Disruptions

Used electric vehicles are suddenly one of the hottest segments in the car market, even as sales of new EVs struggle to gain traction.
Used electric vehicle sales are surging, with almost 40 percent of recent used EV transactions priced below 25,000 dollars, making them much more affordable than new models.

Tax Credits Helped Boost Second-hand EV Interest

India's Budget 2026 is just days away now. As we countdown to the big day we look at how India raises revenue from taxing sin products. The spotlight of today's story is the revised sin tax on cigarettes and tobacco products. Can such moves actually raise government revenue? 


Are Cigarette Taxes Pushing Smokers Underground in India? | World Business Watch

A proposed billionaire tax in California is sending shockwaves through Silicon Valley and reigniting fears of a wealth exodus from the United States’ largest state economy. The plan would impose a one time levy on the accumulated assets of billionaires, becoming a flashpoint for business leaders already concerned about high taxes, strict regulation and rising living costs.


California’s Proposed Billionaire Tax Sparks Silicon Valley Backlash

Beijing has imposed tax on Condoms. People in China will have to pay a 13% sales tax on contraceptives from 1 January, while childcare services will be exempt. After imposing a strict one-child policy for more than 30 years, China has over the past decade been introducing a range of attractive offers to induce people to have more children in a bid to boost the falling birthrate.


Tax on contraceptives draws ridicule & concern inside China

Bulgaria’s government has withdrawn its 2026 draft budget following large-scale protests across Sofia and other cities. The plan—its first prepared in euros ahead of Bulgaria’s expected currency adoption—faced public backlash over proposed tax and social security hikes. Opposition groups also accused the government of corruption and demanded greater accountability. With the budget now scrapped, officials warn that the new drafting process will be difficult and could intensify social tensions.

Bulgaria Protests: Outrage Over Proposed Tax Hikes

Switzerland has delivered a decisive verdict on a landmark proposal to tax the super-rich. In a nationwide referendum, 78 percent of voters rejected a 50 percent federal inheritance tax on fortunes above 50 million francs.


Switzerland Protects Low-tax Model, Rejects 50% 'Rich Tax'

Union Finance Minister Nirmala Sitharaman on Wednesday (Sep 3) addressed the media and announced that the GST Council, in its meeting, approved a two-tier structure of 5 per cent and 18 per cent, and a special tax of 40 per cent for luxury and sin goods. Sitharaman said the decision was taken unanimously and will come into effect from September 22, 2025, with the exception of tobacco products, based on certain conditions. The Council will also meet on Thursday (Sep 4). Calling it a ‘historic Diwali gift for the nation’, Sitharaman said that these next-generation GST reforms are for ease of living and to build an Aatmanirbhar Bharat.


How will India ensure GST cut benefits pass on to consumers?

Finance Minister Nirmala Sitharaman has announced a major GST rate cut, approving a two-tier structure of 5% and 18%. The reform, set to be implemented from September 22, is aimed at easing the tax burden on the common man.

India's tax makeover: What gets cheaper and costlier?

Finance Minister Nirmala Sitharaman has announced a major GST rate cut, approving a two-tier structure of 5% and 18%. The reform, set to be implemented from September 22, is aimed at easing the tax burden on the common man.


Big GST Reforms:  Nirmala Sitharaman Announces Reduced GST Rates For These Items

India’s GST panel has proposed a major relief for citizens — exempting health and life insurance premiums from the current 18% tax. The recommendation comes soon after Prime Minister Modi announced sweeping GST cuts to revive economic momentum amid trade tensions with the U.S. If approved by the GST Council in the upcoming meeting before Diwali, the move could lead to a revenue loss of ₹9,700 crore but ease financial burdens on millions of Indian families.

India’s GST 2.0 reforms push gains momentum

The Indian government expects this festive season to see bumper diwali spending triggering the market and the economy.
Those expectations are driven by the government's decision to lower goods and services tax (gst) rates to come before Diwali.

Government expects demand boost from tax cuts

Indian stock markets surged after Prime Minister Narendra Modi announced tax cuts, helping to offset fears stemming from ongoing trade tensions. Investors reacted positively, boosting market confidence and economic optimism.


PM Modi's tax cut plan offsets trade tension-led sell-off

Prime Minister Narendra Modi, in his speech about GST reforms, said, "This Diwali, I am going to make it a double Diwali for you... Over the past eight years, we have undertaken a major reform in GST... We are bringing next-generation GST reforms. This will reduce the tax burden across the country"


Is India's latest GST reform better than the older one? | What got cheaper? 

Hawaii lawmakers have approved groundbreaking legislation aimed at protecting the environment and boosting climate resilience, and it’s coming straight from the pockets of tourists.

Hawaii: Lodging tax for climate action

Amid the ongoing row between US President Donald Trump and Harvard University, Trump has now announced to strip the Ivy League institution of "tax-exempt status", on Friday (May 2).&nbsp;
This is the latest attack by the US administration aimed at the prestigious Harvard University.&nbsp;
&ldquo;We are going to be taking away Harvard&rsquo;s Tax Exempt Status. It&rsquo;s what they deserve!&rdquo; Trump posted on Truth Social.&nbsp;
Also read: <a href="https://www.wionews.com/world/harvard-faces-lashing-for-hosting-pakistan-conference-days-after-pahalgam-attack-9016117">Harvard faces lashing for hosting Pakistan conference days after Pahalgam attack</a>
Although, the US president did not provide a timeline for when it will be enforced.
<iframe width="600" height="" style="max-width: 100%; border: 0;" src="https://truthsocial.com/@realDonaldTrump/114437989795464761/embed" class="truthsocial-embed" allowfullscreen="allowfullscreen"></iframe>
<script src="https://truthsocial.com/embed.js" async="async"></script>
&nbsp;
Trump had earlier ordered to cut $2.2 billion in federal funding to Harvard, a move the school sued the administration for.&nbsp;
Last month also, Trump warned that Harvard should lose its tax-exempt status and be taxed as a political entity, if it keeps pushing political, ideological and "terrorist-inspired/supporting Sickness"
"Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!," he added.&nbsp;
However, the university has said that the Trump administration has no legal basis to take such an action.&nbsp;
Also read: <a href="https://www.wionews.com/world/morning-news-brief-world-pays-tribute-to-pope-harvard-sues-trump-administration-and-more-8988216">Morning news brief: World pays tribute to Pope; Harvard sues Trump administration, and more</a>
<h2>What does it mean to revoke 'tax-exempt status'?&nbsp;</h2>
Trump has been wanting to take away Harvard's tax exempt status ever since it refused to comply with his administration's demands.&nbsp;
The long list of Trump's demands includes broad government and leadership changes, and audits of how diversity is viewed on the campus. It further wants the university to eliminate its diversity, equity and inclusion (DEI) programs, and ban masks at campus protests.&nbsp;
Until now, no such prestigious university has ever had its tax-exempt status revoked due to political reasons.&nbsp;
Harvard spokesperson Jason Newton said that the Trump administration has "long exempted universities from taxes in order to support their educational mission" and that there was no legal basis to revoke its status.&nbsp;
WATCH | <a href="https://www.wionews.com/videos/harvard-university-files-lawsuit-against-trump-administration-8991306">Harvard University files lawsuit against Trump administration</a>
"The tax exemption means that more of every dollar can go toward scholarships for students, lifesaving and life-enhancing medical research, and technological advancements that drive economic growth," he said.
He added that revoking the university's tax-exempt status "would endanger our ability to carry out our educational mission."&nbsp;
It would further result in diminished financial aid for students, abandonment of critical medical research programs, and lost opportunities for innovation.&nbsp;
"The unlawful use of this instrument more broadly would have grave consequences for the future of higher education in America," he added.&nbsp;
WATCH | <a href="https://www.wionews.com/videos/reports-reveal-anti-semitic-anti-muslim-sentiments-at-harvard-university-9020221">Reports reveal anti-Semitic, anti-Muslim sentiments at Harvard University</a>

US President Trump has been wanting to take away Harvard's tax exempt status ever since it refused to comply with his administration's demands. WORLD

Amid the ongoing row between US President Donald Trump and Harvard University, Trump has now announced to strip the Ivy League institution of "tax-exempt status", on Friday (May 2). This is the latest attack by the US administration aimed at the prestigious Harvard University. “We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” Trump posted on Truth Social. Also read: Harvard faces lashing for hosting Pakistan conference days after Pahalgam attack Although, the US president did not provide a timeline for when it will be enforced. Trump had earlier ordered to cut $2.2 billion in federal funding to Harvard, a move the school sued the administration for. Last month also, Trump warned that Harvard should lose its tax-exempt status and be taxed as a political entity, if it keeps pushing political, ideological and "terrorist-inspired/supporting Sickness" "Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!," he added. However, the university has said that the Trump administration has no legal basis to take such an action. Also read: Morning news brief: World pays tribute to Pope; Harvard sues Trump administration, and more What does it mean to revoke 'tax-exempt status'? Trump has been wanting to take away Harvard's tax exempt status ever since it refused to comply with his administration's demands. The long list of Trump's demands includes broad government and leadership changes, and audits of how diversity is viewed on the campus. It further wants the university to eliminate its diversity, equity and inclusion (DEI) programs, and ban masks at campus protests. Until now, no such prestigious university has ever had its tax-exempt status revoked due to political reasons. Harvard spokesperson Jason Newton said that the Trump administration has "long exempted universities from taxes in order to support their educational mission" and that there was no legal basis to revoke its status. WATCH | Harvard University files lawsuit against Trump administration "The tax exemption means that more of every dollar can go toward scholarships for students, lifesaving and life-enhancing medical research, and technological advancements that drive economic growth," he said. He added that revoking the university's tax-exempt status "would endanger our ability to carry out our educational mission." It would further result in diminished financial aid for students, abandonment of critical medical research programs, and lost opportunities for innovation. "The unlawful use of this instrument more broadly would have grave consequences for the future of higher education in America," he added. WATCH | Reports reveal anti-Semitic, anti-Muslim sentiments at Harvard University

Trump to strip Harvard's 'tax exempt status'| What does it mean for Ivy League?

US President Donald Trump warned Harvard University that it might lose its "Tax Exempt Status" if it continues to push political and terrorist-inspired "sickness".&nbsp;
This comes amid Trump's announcement to freeze more than $2 billion in grants to Harvard University after the Ivy League rejected the Trump administration's demands that it too audit the viewpoints of the student body.&nbsp;
Trump on Tuesday (April 15) said that Harvard might have to pay tax as a political entity.&nbsp;
Also read: <a href="https://www.wionews.com/world/barack-obamas-first-reaction-after-harvard-funds-cut-says-university-has-set-an-example-8963677">Barack Obama's first reaction after Harvard funds cut, says university has 'set an example'</a>
"Perhaps Harvard should lose its Tax Exempt Status and be Taxed as a Political Entity if it keeps pushing political, ideological, and terrorist inspired/supporting &ldquo;Sickness?&rdquo; Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!," he posted on Truth Social.
<iframe width="600" height="" style="max-width: 100%; border: 0;" src="https://truthsocial.com/@realDonaldTrump/114342374504628520/embed" class="truthsocial-embed" allowfullscreen="allowfullscreen"></iframe>
<script src="https://truthsocial.com/embed.js" async="async"></script>

The US has called out on the nation's most "prestigious universities and colleges".&nbsp;
"Harvard&rsquo;s statement today reinforces the troubling entitlement mindset that is endemic in our nation's most prestigious universities and colleges &ndash; that federal investment does not come with the responsibility to uphold civil rights laws," a statement by the administration's Joint Task Force read.&nbsp;
Also read: <a href="https://www.wionews.com/world/trump-administration-freezes-22bn-to-harvard-after-college-defies-demands-8962646">Trump administration freezes $2.2bn to Harvard after college defies demands</a>
Prior to this, Harvard University made public a letter to students and staff defying a call for changes to its governance, hiring practices and admissions policy from the Trump administration.&nbsp;
Calling it "unacceptable", the university, "The disruption of learning that has plagued campuses in recent years is unacceptable", adding that the harassment of Jewish students is intolerable.
Moreover, former President Barack Obama has backed Harvard University for standing against "unlawful attempts to stifle academic freedom."
WATCH | <a href="https://www.wionews.com/videos/trump-freezes-2-billion-harvard-funds-over-rejecting-demands-8962894">Trump freezes $2 billion Harvard funds over rejecting demands</a>
"Harvard has set an example for other higher-ed institutions &ndash; rejecting an unlawful and ham-handed attempt to stifle academic freedom while taking concrete steps to make sure all students at Harvard can benefit from an environment of intellectual inquiry, rigorous debate and mutual respect. Let&rsquo;s hope other institutions follow suit," Obama said in a post on X.&nbsp;
Also read: <a href="https://www.wionews.com/trending/who-is-zach-yadegari-young-millionaire-rejected-by-ivy-leauges-and-top-american-universities-8919963">Who is Zach Yadegari, young millionaire rejected by Ivy Leagues and top American universities</a>
(With inputs from agencies)
&nbsp;

This comes after Trump announced to freeze more than $2 billion in grants to Harvard University after the Ivy League rejected the Trump administration's demands. WORLD

US President Donald Trump warned Harvard University that it might lose its "Tax Exempt Status" if it continues to push political and terrorist-inspired "sickness". This comes amid Trump's announcement to freeze more than $2 billion in grants to Harvard University after the Ivy League rejected the Trump administration's demands that it too audit the viewpoints of the student body. Trump on Tuesday (April 15) said that Harvard might have to pay tax as a political entity. Also read: Barack Obama's first reaction after Harvard funds cut, says university has 'set an example' "Perhaps Harvard should lose its Tax Exempt Status and be Taxed as a Political Entity if it keeps pushing political, ideological, and terrorist inspired/supporting “Sickness?” Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!," he posted on Truth Social. The US has called out on the nation's most "prestigious universities and colleges". "Harvard’s statement today reinforces the troubling entitlement mindset that is endemic in our nation's most prestigious universities and colleges – that federal investment does not come with the responsibility to uphold civil rights laws," a statement by the administration's Joint Task Force read. Also read: Trump administration freezes $2.2bn to Harvard after college defies demands Prior to this, Harvard University made public a letter to students and staff defying a call for changes to its governance, hiring practices and admissions policy from the Trump administration. Calling it "unacceptable", the university, "The disruption of learning that has plagued campuses in recent years is unacceptable", adding that the harassment of Jewish students is intolerable. Moreover, former President Barack Obama has backed Harvard University for standing against "unlawful attempts to stifle academic freedom." WATCH | Trump freezes $2 billion Harvard funds over rejecting demands "Harvard has set an example for other higher-ed institutions – rejecting an unlawful and ham-handed attempt to stifle academic freedom while taking concrete steps to make sure all students at Harvard can benefit from an environment of intellectual inquiry, rigorous debate and mutual respect. Let’s hope other institutions follow suit," Obama said in a post on X. Also read: Who is Zach Yadegari, young millionaire rejected by Ivy Leagues and top American universities (With inputs from agencies)

Trump vs Harvard: US president warns Ivy league will be 'taxed' if it continues to support 'terrorist inspired sickness'

In a landmark decision, India joined 62 other countries in voting in favour of the world's first-ever global carbon tax on the shipping industry.&nbsp;
The decision was made during a recent meeting of the United Nations' International Maritime Organisation (IMO), where countries voted to move forward with the world's first global carbon pricing system for the shipping industry.&nbsp;
The measure passed after a week of intense negotiations at the IMO. According to a PTI report, the tax is expected to be formally adopted in October 2025.&nbsp;
Also read: <a href="https://www.wionews.com/autonews/vw-quarterly-profits-plummet-on-us-tariffs-eu-carbon-rules-and-restructuring-costs-8947889">VW quarterly profits plummet on US tariffs, EU carbon rules, and restructuring costs</a>
While India and 62 other nations voted in favour of the deal, several rich-oil nations including Saudi Arabia, the UAE, Russia, and Venezuela opposed the move.&nbsp;
With the new framework, ships will either have to switch to low-emission fuels or pay a fee based on the level of pollution they produce.&nbsp;
<h2>What is a global shipping tax?</h2>
A global shipping tax is levied on emissions from the shipping industry, aiming to reduce greenhouse gas pollution from ships.&nbsp;
It is specifically a carbon tax and can incentivise the adoption of cleaner technologies and fuels in the shipping sector, aligning it with global climate goals.&nbsp;
The tax on shipping would require ship owners to pay for the carbon emissions produced by their vessels.&nbsp;
Also read: <a href="https://www.wionews.com/world/russia-aims-four-fold-hike-in-arctic-shipping-rosatom-chief-8914297">Russia aims four-fold hike in Arctic shipping: Rosatom Chief</a>
<h2>Why is it important?&nbsp;</h2>
Today, most ships run on heavy fuel oil, releasing carbon dioxide and other pollutants as it's burned.&nbsp;
The IMO set a target for the sector to reach net-zero greenhouse gas emissions by about 2050 and committed to ensure that fuels with zero or near-zero emissions are used more widely.&nbsp;
However, the pricing mechanism is expected to reduce shipping emissions by just 10% by 2030, which is well below the IMO's own target of at least 20%.&nbsp;
WATCH:&nbsp;<a href="https://www.wionews.com/videos/major-economies-skip-un-carbon-target-deadline-8710152">Major economies skip UN carbon target deadline</a>
Laurence Tubiana, CEO of the European Climate Foundation and one of the key architects of the Paris Agreement, said the IMO's decision to introduce a global carbon pricing system for shipping is a positive step because it recognises that polluters must pay for the damage they cause to the climate.
She, however, called the agreement "insufficient", especially as it does not include a proper shipping levy.&nbsp;
"This was a missed opportunity," she said, adding that there is strong public support globally for taxing polluting industries and the super-rich.
Also read:&nbsp;<a href="https://www.wionews.com/world/cop-29-india-pitches-for-fair-carbon-market-scheme-top-banks-pledge-120bn-aid-to-poor-nations-775605">COP 29: India pitches for fair carbon market scheme; top banks pledge $120bn aid to poor nations</a>
(With inputs from agencies)

World, india news: The measure passed after a week of intense negotiations at the IMO. The tax is expected to be formally adopted in October 2025, according to a report.

In a landmark decision, India joined 62 other countries in voting in favour of the world's first-ever global carbon tax on the shipping industry. The decision was made during a recent meeting of the United Nations' International Maritime Organisation (IMO), where countries voted to move forward with the world's first global carbon pricing system for the shipping industry. The measure passed after a week of intense negotiations at the IMO. According to a PTI report, the tax is expected to be formally adopted in October 2025. Also read: VW quarterly profits plummet on US tariffs, EU carbon rules, and restructuring costs While India and 62 other nations voted in favour of the deal, several rich-oil nations including Saudi Arabia, the UAE, Russia, and Venezuela opposed the move. With the new framework, ships will either have to switch to low-emission fuels or pay a fee based on the level of pollution they produce. What is a global shipping tax? A global shipping tax is levied on emissions from the shipping industry, aiming to reduce greenhouse gas pollution from ships. It is specifically a carbon tax and can incentivise the adoption of cleaner technologies and fuels in the shipping sector, aligning it with global climate goals. The tax on shipping would require ship owners to pay for the carbon emissions produced by their vessels. Also read: Russia aims four-fold hike in Arctic shipping: Rosatom Chief Why is it important? Today, most ships run on heavy fuel oil, releasing carbon dioxide and other pollutants as it's burned. The IMO set a target for the sector to reach net-zero greenhouse gas emissions by about 2050 and committed to ensure that fuels with zero or near-zero emissions are used more widely. However, the pricing mechanism is expected to reduce shipping emissions by just 10% by 2030, which is well below the IMO's own target of at least 20%. WATCH: Major economies skip UN carbon target deadline Laurence Tubiana, CEO of the European Climate Foundation and one of the key architects of the Paris Agreement, said the IMO's decision to introduce a global carbon pricing system for shipping is a positive step because it recognises that polluters must pay for the damage they cause to the climate. She, however, called the agreement "insufficient", especially as it does not include a proper shipping levy. "This was a missed opportunity," she said, adding that there is strong public support globally for taxing polluting industries and the super-rich. Also read: COP 29: India pitches for fair carbon market scheme; top banks pledge $120bn aid to poor nations (With inputs from agencies)

India and 62 other countries adopt world's first-ever global carbon tax on shipping - What is it and why is it important?

South Africa is facing a potential constitutional crisis with the top governing body of the ruling African National Congress calling for a fresh look at its coalition alliance. This comes after snap divisions emerged with its main alliance partner, Democratic Alliance, during a crucial vote on the national budget. The ANC wants to review its coalition deal within 5 days to conclude the budget negotiations. The DA, which is now in alliance with the ANC, has been a traditional rival of the ANC. It only voted against an increase in value-added tax that was a key part of the budget but is also seeking a cut in government spending across all departments. Watch to know more!

South Africa: ANC set 5-day deadline to conclude negotiations on budget

South Africa's government has passed a contentious budget, but key coalition partners, including the EFF and MK, have rejected the fiscal framework. Tensions rise as the proposed VAT increase sparks dissent. Meanwhile, the nation faces a $3.3 billion fiscal gap after the U.S., under President Trump, halted HIV/AIDS funding. Watch to know more!

South African budget vote passes but key coalition partner dissents

South Africa passes controversial budget amid coalition rift

Steel magnate Lakshmi Mittal is reportedly weighing the option of leaving the UK in response to the Labour government’s decision to abolish the “non-dom" tax regime. Watch this report for more details!

Lakshmi Mittal considers leaving UK over 'non-dom' tax crackdown

India’s wealthiest are packing their bags—not for vacation, but for good. As Dubai’s golden visa boom fuels wealth migration, billions in tax revenue are slipping. With high rental yields, zero capital gains tax, and long-term residency perks, is India losing its best and brightest to a tax-friendly haven in the region? That's what this report decodes...

Tax perks drive India’s wealth to Dubai

South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!

South Africa Budget: South Africa's VAT hike plan faces strong opposition, budget remains stuck

Hungary has announced a sweeping tax exemption for mothers of 2 or more children, just over a year ahead of the 2026 elections. Prime Minister Viktor Orban declared that mothers with three children will be exempt from income tax starting October, while the exemption for mothers with two will be phased in from January.

Hungary exempts mothers of 2 or more from income tax

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