For 5 months of this year, the Taxes Ministry provided the state budget with 3 billion 121.7 million manat, which is 7.2% more than in the same period of 2013. In contrast to the oil and gas sector, the level of voluntary tax payments from other sectors of the economy is still low.
However, the tax authorities manage to increase revenues from the oil and gas sector is not. So far this year, the state budget was provided by the tax payments (including state taxes) from non-oil and gas sector totaling 1 717.6 million manat. This represents 55% of tax revenues since the beginning of the year. Compared to last year, the share of non oil and gas sector in tax payments increased by 3.7%.
In Azerbaijan, information on tax payments of individual subjects, according to the law "On Commercial Secrets", is considered a trade secret and is not subject to disclosure to third parties. - 08D-
Economics
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Azerbaijan Airlines (AZAL) announced on Monday the launch of its first direct flights from Baku to Male, the capital of the Maldives, marking a milestone in the airline's history.
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Azerbaijani Energy Minister Parviz Shahbazov arrived in Romania on Monday at the invitation of his Romanian counterpart, Sebastian-Ioan Burduja, to participate in the 8th meeting of the Ministers of Azerbaijan, Georgia, Romania, and Hungary. The meeting, scheduled to take place in Bucharest on September 3, 2024, is aimed at advancing the "Strategic Partnership Agreement" focused on the development and transfer of green energy.
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President Ilham Aliyev of Azerbaijan and First Lady Mehriban Aliyeva on Monday reviewed the ongoing construction at the “Istisu” Medical and Recreation Complex in the Kalbajar district, a key project aimed at revitalizing the region's historic mineral water and health tourism industry.
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As previously reported, SOCAR began gas supplies to Croatia on September 1.
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