President promulgated seven parliamentary decrees related to IRS, including rate reductions, electricity VAT, and toll elimination, marking a crucial moment in the legislative term to balance conflicting legitimacies in Portuguese politics.

President faces a significant decision amidst a legitimacy conflict between the government's approved program and minority representation of government-supporting parties in opposition to other parliamentary groups.

Promulgation of decrees expected to facilitate the discussion and approval of the Budget for the following year to enhance the country's financial, economic, and political stability.

Government to assess the impact on the upcoming year's budget due to approved measures, aiming to ensure budgetary coverage for their execution.

Decrees will impact state revenues and require coverage in the 2025 State Budget for execution.

IRS reduction implementation may occur through immediate changes in tax withholding tables or adjustments in 2025.

IRS reduction effects to be felt by families from August through alterations in tax withholding tables.

Montenegro highlights financial consequences of decrees like IRS reduction, lower electricity VAT, and toll elimination, diverging from the government's agenda.

Updates to IRS deductions proposed by BE approved, increasing deductible amounts and minimum subsistence levels, effective upon publication.

Opposition approves end of toll fees on interior and Algarve highways, cost-free for users.

President to announce decisions on seven diplomas, including IRS, toll elimination on SCUT highways, revocation of extraordinary contribution on local lodging properties, and reduced VAT on increased electricity consumption.

Decrees authorize an extraordinary contribution on local lodging properties and impact state revenues with varying effective dates, such as January 2025 for some.