newsweek.ro/economie/schimbare-cod-fiscal-premii-c

A new legislative proposal aims to amend the Fiscal Code, exempting prizes from sports, culture, and education from income tax up to 1/6 of the minimum gross salary. This replaces outdated fixed thresholds and supports youth and performance at the grassroots level. The initiative, introduced by USR deputy Mihai-Cătălin Botez, seeks to create a dynamic, automatically indexed exemption limit. The new framework ensures that the non-taxable prize value increases with inflation and economic growth without requiring further legislative changes. This exemption applies to prizes from various funding sources, encouraging participation in competitions and supporting young talents financially.