![Tax Revenues from Non-oil Sector Grew by 9.4%](https://turan.az/resized/./turan-750-500-resize.webp)
Tax Revenues from Non-oil Sector Grew by 9.4%
In the first half of 2016 the non-oil-gas sector provided 2 billion 495.4 million AZN to the state budget, which is 78.2% of the tax revenues for the period.
According to the Ministry of Taxes, compared to the same period in 2015, tax revenues from the non-oil-gas sector increased by 215.1 million AZN or 9.7%.
During this period the tax revenues to the state budget from the non-state sector totaled 2 billion 261.1 million AZN. This corresponds to 70.9% of tax revenues in the first half.
The proportion of the regions (275 300 000 AZN) was 8.6% in tax payments.
In general, the Ministry of Taxes provided to the state budget 3 billion 190.1 million AZN, up 2% from the forecast.
In the first half of 2016 the total number of tax audits decreased 2.8 times. -----08D
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review