Within two months of the year in the course of operational audits, conducted by the staff of the Ministry of Taxes, there were revealed violations of labor laws in 1,434 taxpayers who hired workers without negotiation of individual employment contracts.
The press service of the ministry told Turan that taxpayers provided the conclusion of labor contracts in January and February of this year, with 3,200 illegal workers.
The message of the Taxes Ministry states that tax control over labor relations was strengthened in the second half of 2012, resulting in 97,480 jobs legalized by about 25.9 thousand businesses. Thus, the tax base for the income tax on individuals is being expanded. - 08D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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