10, will raise taxes by Hr 8 billion ($192,000) in 2024 and Hr 141 billion ($3.4 billion) in 2025, lawmaker Yaroslav Zhelezniak said, as the country struggles to shore up its budget deficit amid Russia's ongoing full-scale war.The law is expected to come into effect on Dec. 1.One of the provisions of the bill is an increase of the military tax — a sum levied from citizens to support the war effort — from 1.5% to 5%.An amendment to the legislation left the military tax for military personnel at 1.5%.The bill also introduces a military tax for self-employed persons and increases profit taxes for banks to 50% for 2024 and other financial institutions from 18% to 25% since January next year.Zelensky also signed a bill on the state budget for 2025, passed by the parliament on Nov.