PressAM

The perfect balance on news and information

Finance Government Law & Order

“NGO Announces Deadline for 50% Reduction in Obligations: Over 100,000 Urban Residents Benefit”

The NGO has announced that the opportunity to reduce obligations by 50 percent, using the bonification component, will end on April 5. This reduction is applicable during the period of preventive measures against illegal actions. As a result of utilizing the bonification component, a total of 103,095 urban residents have managed to decrease their obligations. The decisions on penalties amount to 266,826, and the state budget has received a sum of 1,134,450,469 AMD.

In addition, thanks to the bonification component, 156,668 taxpayers were able to deduct a total of 646,979,923 AMD during the enforcement phase when obligations were not found. It is important to note that until July 8, individuals have the opportunity to reduce 50 percent of penalties for obligations found or not found during the enforcement phase.

Freelance journalist specializing in the underrepresented stories of the Russian far east.