The Ministry of Taxes in the investigation of 339 criminal cases on the facts of tax evasion and illegal business activities provided transfer to the state budget of more than 54 million manats. It is reported by the press service of the ministry.
The amount of funds transferred increased by AZN 9.7 million compared with the first nine months of 2015. The proceedings of 175 criminal cases were ended because of full payment of the taxes.
In total for the first nine months of 2016 investigation of 719 cases was completed by the Department of Preliminary Investigation of Tax Crimes. On 11 people a preventive measure of arrest was decided, and 109 people on 95 criminal cases were sent to court. ----08D
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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