ArmInfo. If a citizen works abroad, but is at the same time a resident of Armenia, then he is  obliged to independently calculate and pay income tax on the income he receives from this work, as well as submit an online income declaration to the tax authority of the Republic of Armenia no later  than May 1 of the following year, the State Revenue Committee of Armenia reports.

ArmInfo. The decision of the State Revenue Committee of Armenia on taxation of labor migrants  and penalties in case of non-payment is extremely unfair. Tatevik Bezhanyan, Advocacy Officer at Armenian Caritas Migration and Development Project , stated during a press conference on February 16.  

ArmInfo. The net profit of the insurance sector of Armenia dropped by 33% in 2023, after a 4.5-fold  increase in 2022. "This resulted from higher reimbursement growth of 30% with a modest 17% increase in premiums.

ArmInfo. The likelihood of attracting a new international brand to the Armenian financial market  is quite low. Economist Haykaz Fanyan expressed a similar opinion on his Facebook page, commenting on the HSBC's withdrawal from Armenian market.

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ArmInfo. Attracting financial resources for the investment program of Electric Networks  of Armenia is the easiest task, but it is much more difficult to organize the work correctly, Director General Karen Harutyunyan told reporters on February 14.

ArmInfo.The placement of AMD 32bln bonds of Electric Networks of Armenia CJSC was successfully  completed within a short space of time, Director General Karen Harutyunyan told reporters. 

ArmInfo.Jermuk mineral water has been exported to Russia since 2001, gradually increasing the volume from 350,000 liters to 15,273,000 liters per year, and each imported batch complies with the technical regulations of the Eurasian Economic Union, reads an official statement by the Food Safety Inspection Authority of Armenia. 

ArmInfo. "4146 Lankershim Blvd, North Hollywood is the new home of TUMO Los Angeles". This  information is posted on the Facebook page of TUMO Center for Creative Technologies.

ArmInfo. At the end of 2023, 4.4 million technical (synthetic) and natural, rough and processed diamonds were  exported from Armenia, almost twice as much as a year ago. Arevik Margaryan, Head of the Department of Strategic Sector of the Ministry of Economy, informs.

ArmInfo.A few days are left for the February love days. Regardless of which team you are in - celebrating Terendez or Valentine's Day, you still need to plan in advance where you are going to celebrate. You may already be bored of celebrating by simply eating out or having fancy drinks in classic cafes and restaurants. That's why Idram and IDBank have gathered the most unique ideas to make your 2024 love days unforgettable. Let’s go.

ArmInfo. Armenia's Deputy Minister of Territorial Administration Vache Terteryan held a meeting  with a delegation of the Asian Development Bank (ADB) led by Mr Don Lambert, Country Director for ADB's Armenia Resident Mission.

ArmInfo.Fitch Ratings has upgraded ACBA Bank Open Joint-Stock Company's (ACBA) Long-Term Issuer  Default Rating (IDR) to 'BB-' from 'B+', and the bank's Viability Rating (VR) to 'bb-' from 'b+'. The Outlook is Stable. The Fitch Ratings press release received by ArmInfo reads.

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ArmInfo.Today, traveling does not depend on the weather. You can enjoy the pleasure of traveling the world at any time of the year, and now you can also plan your vacation for the whole year by buying tickets and booking hotels in advance saving huge amounts of money and getting cashbacks.

ArmInfo.On February 8, Prime Minister Nikol Pashinyan shared the advantages of building small  modular nuclear power plants at a meeting of the Cabinet of Ministers.

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ArmInfo. The Government of Armenia will not abandon the program of subsidizing loans for the  creation of intensive gardens, even against the background of identifying cases of abuse during its implementation. "Financing will continue, and let those who steal be responsible for it," Prime  Minister Nikol Pashinyan said on February 8 at a cabinet meeting, during which changes were made to the program.

ArmInfo.The main reason for the reduction in tax payments by Zangezur Copper-Molybdenum Combine  CJSC was the decline in world prices for copper and molybdenum, Armenia's Vice-Premier Mher Grigoryan stated on February 7 during government hour in the National Assembly of the Republic of Armenia.

ArmInfo. 47 Armenian producers will present their products at the international food and beverage exhibition Gulfood 2024.