Question:
Which of the following countries during 2019 provided lifetime personal tax exemption to women with four children?
Which of the following countries during 2019 provided lifetime personal tax exemption to women with four children?
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Demographic policies in many European countries are increasingly aimed at countering aging populations through incentives for higher birth rates.
Updated On: Aug 13, 2025
- India
- Hungary
- Norway
- Finland
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The Correct Option is B
Solution and Explanation
In 2019, Hungary introduced a groundbreaking policy to address its declining birth rate by offering lifetime personal income tax exemption to women who have four or more children. This policy was part of a broader family support package designed to encourage larger families, including housing subsidies and preferential loans.
Norway, Finland, and India have family support policies but do not offer lifetime tax exemptions of this nature. Hungary’s measure stands out for its strong financial incentive aimed at reversing demographic decline.
Norway, Finland, and India have family support policies but do not offer lifetime tax exemptions of this nature. Hungary’s measure stands out for its strong financial incentive aimed at reversing demographic decline.
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