Women with 4 kids given tax exemption

The government is greatly increasing financial aid and subsidies for families with several children, the country’s prime minister said on Sunday. The measures are meant to encourage women to have more children and reverse Hungary’s population decline. The benefits include a lifetime personal income-tax exemption for women who give birth and raise at least four children; a subsidy of 2.5 million forints ($8,825) toward the purchase of a sevenseat vehicle for families with three or more children; and a low-interest loan of 10 million forints for women under age 40 who are marrying for the first time.