ArmInfo.The State Revenue Committee (SRC) of Armenia reports on the reduction of the rate of income tax and profit tax. In particular, according to the press service of the SRC, by submitting a report on profit tax for 2020 by April 20, taxpayers will apply a new, lower rate for the first time.
ArmInfo. Minister of Economy of Armenia Vahan Kerobyan within the framework of a working trip to Syunik region got acquainted with the economic situation in the region. "The people and business of Syunik face new challenges. Naturally, I, as the Minister of Economy, had to see the situation, try to understand what we, the ministry, can do to help overcome the consequences of the war and preserve the strength of the region," Vahan Kerobyan said quoted by the press service of the Ministry.
ArmInfo. The Central Bank of Armenia applied a penalty in relation to the universal credit company CJSC "Finca" ("Finca" UCO) for the sums to be returned. This is stated in the message of the Central Bank's press service, which states that the measure of responsibility against the Finca UCO was applied for revealed violations of the requirements of the RA Law "On Consumer Lending" and Regulation 8/05 "Rules of Business Conduct of Financial Organizations". A fine in the amount of 500 thousand AMD was imposed on Finca and corresponding instructions were given. Clients who received consumer loans, agricultural loans (in the amount of up to AMD 5 million), trade loans (up to AMD 5 million provided to micro-trade organizations) from Jan 1, 2018 to July 30, 2020 from Finca, and fully fulfilled credit obligations, including early repayments, for which the annual interest rate was not recalculated at the time of loan repayment, can contact the company and receive back the amounts to be returned as a result of the recalculations made by the company. The company will return these amounts during 2021.
ArmInfo.On January 22 of this year, IDBank will issue bonds under the abbreviation AMANLBB2CER7. The total volume of the nominal coupon bonds of the first issue of 2021 is USD 5 million. The maturity of the bonds is 30 months, the annual coupon interest rate is 5%, and the coupons should be paid quarterly.
ArmInfo.The list of 1000 largest taxpayers in Armenia at the end of 2020 included 5 insurance companies out of 6 operating in the country, while a year earlier there were only 3 in this list.
ArmInfo.The Hayastan All-Armenian Fund will transfer $ 1.1 million from the amount transferred within the framework of the fundraising campaign "We and Our Borders" to the Military Insurance Fund. The press service of the Hayastan All-Armenian Fund reports.
ArmInfo. In the fall of 2021, it will be possible to fully use the new unit of the Yerevan TPP with a capacity of 250 MW. This was stated by the CEO of the Italian company "Renko" Giovanni Roubini during a meeting with Deputy Prime Minister Tigran Avinyan.
ArmInfo. The activities on assembling the facility for recovery annealing of the ANPP Unit 2 reactor vessel metal have been completed. These activities were performed by the specialists of the Novovoronezhatomenergoremont company of the Russian Federation.
ArmInfo.Armenian robot Robin, along with the famous Apple MacBook Pro, Iphone, PlayStation 5, entered the Golden Kitty Award list as one of the best products of 2020. Minister of High-tech Industry of Armenia Hakob Arshakyan announced this on his Facebook page.
ArmInfo.The installation of international fiber-optic communication lines and transit flows on route Ymamnazar (Turkmenistan) – Aqina (Afghanistan) and Serhetabat (Turkmenistan) - Torghundi (Afghanistan), has also took place during the inauguration ceremony of electric power transmission line along Kerki – Sheberghan route and the 30 km long railway line between Aqina-Andkhoy stations today.
ArmInfo.In the regions of Armenia, in November 2020, 1,874 transactions for the purchase and sale of real estate were carried out, which is 43.7% lower than a year ago, and 28% less than in October 2020.
ArmInfo. A total of 8,654 real estate transactions were carried out in Armenia in November 2020, which is 50.4% less than a year ago, with a decline of 29.7% over the month.
ArmInfo."MTS Armenia" (VivaCell-MTS trademark) has become the leader among telecom operators on the list of the largest taxpayers in Armenia, rising to the 10th position from the 14th a year earlier.
ArmInfo. The volume of total foreign investment (all types and forms of investment - ed. note) in the real sector of the Armenian economy in January-September 2020 compared to the same period of 2019 decreased by 32% (against 27.1% growth a year earlier), amounting to $ 1.5 billion in 9 months of 2020.