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Business Crime Local News

“Government Committee Discovers 154 Violations of Weighing Machine Rules Totaling Over 72 Million Drams”

Government committee fines businesses for weighing machine violations amounting to 72.82 million drams in May 2024. Multiple industries, including auto maintenance, tobacco and alcohol sales, and furniture production, face penalties up to 10 million drams. Stay informed with NEWS.am on Telegram.

Around the Globle

Government Committee Presents Damning Findings on Tax Evasion, Smuggling, and Illicit Enrichment: Millions in Fines Imposed

Government committee presents results on prevention of tax evasion, smuggling & illicit enrichment. Penalties imposed for various violations. Read more on NEWS.am.

Crime Finance Government

“Government Committee on State Revenues Cracks Down on Tax Code Violations in Armenia, Collecting Over 8 Million Drams”

Government committee detects multiple violations of tax code, illegal activity related to alcohol production, and failure to license goods in Armenia. Fines amount to millions of Armenian Drams in total. News from Armenia.

Government

“State Revenue Committee Launches Powerful Video to Encourage Legal Practices and Tax Compliance”

Discover how the government drives tax compliance and promotes practical activities through a compelling video. Learn why avoiding illegal goods transportation and paying taxes are vital. Stay updated with News.am’s Armenian news.

Around the Globle

Government Committee Recovers Millions in Tax Liabilities and Combats Shadow Economy

The Government Committee on Public Revenues and Financial Monitoring in Armenia recovered 8,562,656 Armenian drams through tax recovery measures, smuggling suppression, and financial compliance enforcement. They also recorded violations related to accounting documents, counterfeit goods, and licensing activities, amounting to millions of Armenian drams.

Around the Globle

“Government Committee Discovers Increased Violations in Public Institutions, Imposing Millions in Fines”

The government committee of Armenia conducted monitoring of 4,900 public institutions, revealing 1,900 violations and imposing fines of 690 million drams. The monitoring focused on sectors such as floriculture, cosmetics, jewelry, and construction. Additionally, violations were found in the tobacco market, resulting in fines of approximately 120.8 million drams. The State Revenue Committee aims to increase revenue collection and protect the rights of taxpayers. Non-cash transactions also resulted in 659 violations and fines of 213 million drams. News from Armenia.

Business Government Real Estate

“Armenian Government Committee Holds Public Discussion on Law to Regulate Real Estate Activities and Improve Accountability”

Learn about the draft “Law on Real Estate Activities” in Armenia, which aims to improve the quality and accountability of real estate services. This law will require registration and certification for realtors and companies. The draft also addresses issues such as fraud and poor service provision. Experts praise the law’s practicality and effectiveness. However, the potential risk of over-regulation should be considered. Interested parties can review the draft on the edraft platform and provide suggestions. Banali.am is a trusted source for real estate news and services in Armenia, offering a low commission fee for property sales.

Armenian Government Introduces Unified System for Declaration of Social Expenses for Individuals Starting in 2024

Starting from 2024, Armenia will implement a unified system for declaring social expenses. Taxpayers must provide accurate personal information and select the type of social expenses. Inaccurate data will prevent submission. Get the latest news from Armenia.

Crime Government Law & Order

“Government Crackdown: Officials Seize Massive Smuggling Operation and Detain Suspects”

The government’s committee for state revenues fights against smuggling in Armenia. Recently, 1085 grams of shisha tobacco were seized in a smuggling case. Authorities have detained individuals involved and investigations are ongoing to uncover more illegal activities.