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State Revenue Committee

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.

Business Finance

“State Revenue Committee Reveals Tax Payments of Armenia’s Major Taxpayers: A Closer Look at Compliance and Contributions”

The State Revenue Committee has published tax indices of major Armenian taxpayers. This list provides insights into compliance, receipts, and payments. Note that it may not reflect the overall situation as it lacks comprehensive information. “Gazprom Armenia” and “Ardshinbank” are mentioned, while “Mobile Center” is omitted. Telecom operators like “Viva Cell,” “Ucom,” and “Telemcom Armenia” are also included. “Acba Bank” and “Ameriabank” exhibit significant production growth. “SIGARON” banking services operator shows improvement. For more information, refer to NEWS.am articles.

Business Finance Local News

“Mobile StantArt Takes the Lead, Gazprom Falls Behind: Top Taxpaying Companies Revealed by Armenian State Revenue Committee”

The State Revenue Committee announces the top taxpayers for Q1 2024. “Mobile StantArt” leads with 19.9 billion drams, followed by Gazprom with 18.1 billion. “Gazprom Armenia” dropped to 3rd place from last year’s 1st, paying 20.9 billion drams. “Mobile StantArt” has shown significant growth, surpassing last year’s 7th position. “Zangezur Copper-Molybdenum Combine”, “Grand Tobacco”, “Priti Uein”, and “Si Pi Es Enerji Group” also make the top list, followed by others.

Around the Globle

“State Revenue Committee Reveals Impressive Contributions from Top Taxpayers: Over AMD 387 Billion Paid in Q1 2024!”

State revenue committee announces tax payments of AMD 1,000 by first 1,000 taxpayers on official SRC website. Total payments for January-March 2024 exceed AMD 387 billion. 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.

Business Economy Finance

Armenia’s Average Monthly Salary in 2024 Surpasses Expectations, Reaches New Heights

Armenia’s average monthly salary in January 2024 was 267,000 drams, with the public sector at 208,000 drams and the private sector at 291,000 drams. Compared to January 2023, wages increased by 7.1%, with the information and communication sector having the highest salary at 865,000 drams. Financial and insurance activities had an average wage of 579,000 drams.

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.

Finance Government Law & Order

“Armenia Implements 30% Fine Increase for Traffic Rule Violations Starting April 15th”

Violation of traffic rules results in a 30% fine increase starting April 15th. Fines paid within 15 days of notification will receive the reduction.

Business Finance Government

“Armenia’s State Revenue Records Remarkable Increase in Financial Transactions: Surpasses Previous Year’s Figures by 19.1%!”

State revenue committee reports 53.5M transactions totaling 976.0B Armenian drams for tax documents in Feb 2024, surpassing previous year’s figures by 19.1% in quantity and 23.4% in value. More on NEWS.am.

Crime Government Health

“Public Tensions Escalate as Drug Scandal Unveils Intricate Customs War”

Public tensions escalate as Western Customs House officials and the State Revenue Committee clash. A recent inspection by Western Customs House and Ministry of Health employees at “HayPost” CJSC revealed a significant amount of imported drugs, including synthetic drugs. The State Revenue Committee’s Customs Inspection Division and State Food Safety Service have taken extensive measures. Investigations led to the discovery of Russian narcotics in an international postal shipment. The State Revenue Committee’s leadership resigned, and a citizen was arrested for drug trafficking under Article 399 of the Criminal Code of Armenia. – NEWS.am