Prime Minister Marcel Ciolacu announced that on Monday will be made public the normative act providing for the cancellation or waiver of the interests and penalties of those who owe money to the state, if they pay these arrears by November 25.Taxpayers who pay their taxes on time will also receive a 3 percent bonus from next month."Today will also be made public the normative act through which we are taking a series of measures to bring extra revenue to the budget. We are cancelling the interests and penalties for those with tax debts if they pay these arrears by November 25. But we are also taking a measure for the first time since the Revolution [1989, editor's note]: we are also rewarding the correct taxpayers, with taxes up to date. From the following month they will receive a 3% bonus, so they pay less to the state. We consider that this is a natural way to show a sign of appreciation for all honest taxpayers in this country," said the prime minister at the beginning of the government meeting.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
