USD 1.7

Baku 20 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Azerbaijan President waives tax on bank deposit interest incomes for another three years

Azerbaijan President waives tax on bank deposit interest incomes for another three years

25 December 2009 15:06 (UTC +04:00)

Baku. Rashad Suleymanov â€“ APA-Economics. Azerbaijani President Ilham Aliyev has issued an executive order on the enactment of the law â€œOn the Exemption from Tax of Interest Incomes earned on Individual Deposits held by Banks and Other Institutionsâ€.

Under the order, the Cabinet of Ministers is tasked to bring the existing legislative acts in line with the law within two months.

According the law, interest incomes earned on individual deposits held by banks and other institutions shall be exempted from tax for another three years from January 1, 2010.

Finance

Azerbaijan

Azerbaijan's insurance market grows by nearly 2% this year

Vusal Gurbanov, Director General of the Central Bank of Azerbaijan

Central Bank of Azerbaijan preparing amendments to compulsory insurance regulations

Chairperson of the Supervisory Board of the Azerbaijan Insurers Association Ulviyya Jabbarova

Azerbaijan's insurance market doubles over past four years

Aliyar Mammadyarov, First Deputy Chairman of the Central Bank of the Republic of Azerbaijan

Central Bank of Azerbaijan preparing new development strategy for insurance sector

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED