Media Review for September 12
The situation in Azerbaijan in connection with the pandemic, the reasons for the refusal to install pos-terminals at facilities, and a decrease in VAT revenues are topics of today's media.
The newspaper Azerbaijan continues to write about the fight against the pandemic, recalling that around the world 28 million people are infected with this virus, of which more than 900 thousand people have died. WHO is sounding the alarm for a second wave of the pandemic in the fall months.
In a number of countries - Georgia, Turkey, and European countries, the number of infected has increased. Therefore, you cannot relax, you must continue to follow the established rules.
The website Mətbuat.az discusses with experts the reasons for refusal of owners of shops and other objects from post-terminals. The experts point out that their installation is mandatory. However, some shops and catering facilities do not do this, therefore non-cash payments are impossible. In addition, by not installing post-terminals, the owners thus avoid paying taxes. By the way, there are fines for this - 1,000 manats for failure to install for the first time. The second time the fine will be 3,000 manats, and the third time - 6,000 manats.
The website Banker.az writes that August was the worst month for the state budget, VAT receipts decreased. For 8 months of this year, receipts from customs amounted to 2 billion 654.3 million manats. Compared to last year, this is 16% less.
Revenues from VAT, which accounts for 67% of revenue, amounted to 192.14 million manat, which is 20% less than in the previous month. The second role in budget revenues is played by customs duties, which amounted to only 79.12 million manat, which is 6% less than in the previous month.
Revenues from excise taxes in August amounted to 11.42 million manats (a decrease of 3%) and 2.6 million manats from road tax (decrease by 9%).
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- Social
- 11 September 2020 23:02
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- Macroeconomy
- 12 September 2020 10:50
Social
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Heavy downpour started in the capital at 11 pm and will last until the second half of the day, forecasters report.
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Muslim Unity Movement (MU) activist Akhsan Nuruzade has been detained in Azerbaijan 20 days after being released from prison. Nuruzade was detained in the late afternoon of October 26 when he was meeting his daughter who was returning from classes at Khazar University in Baku, the MU reported.
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The health condition of economist Fazil Gasimov, who is on a hunger strike for the 136th day in prison, remains grave.
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On Sunday, October 27, rain is expected in Baku and on the Absheron Peninsula, with locally intense rainfall during the night in some areas of the peninsula, along with thunderstorms. In the morning, the rain will gradually cease, and variable cloudiness is expected during the day, with a northwestern wind. The air temperature will range from +8 to +11°C at night and from +12 to +15°C during the day, according to the National Hydrometeorological Service.
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