E-system for tax reports submission needs to be improved in ArmeniaFebruary 22, 2011 - 14:07 AMT PanARMENIAN.Net - Executive Director of the Union of Armenian Manufacturers and Businessmen Gagik Makaryan said that the electronic system for submission of tax reports by Armenian taxpayers needs to be improved. According to him, the equipment of the system does not allow processing such volume of incoming information. “In January 2011, when business entities started submitting their reports electronically, the system has stopped responding due to overload,” Makaryan told a press conference in Yerevan. As for the governmental reforms in the field of tax and customs administration as a whole, Makaryan said that business entities do not manage to follow them as a result of their huge volume or do not apply them within the terms set by the law. Member of the Republican Party of Armenia parliamentary group, Chairman of the RA NA Standing Committee for Economic Affairs Vardan Aivazyan said for his part that the introduction of an electronic document circulation is a new culture, which has no alternative. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Ucom’s fixed network launches in Nor Hachn City residents will be able to use fixed-line Internet, mobile communications and television in one package at more affordable prices. Armenia parliament to consider draft proposal on impeachment June 17 The Armenian Parliament will hold an extraordinary session on June 17 to consider a draft proposal on the resignation of the government. Armenia to send Deputy Foreign Minister to Berlin’s Ukraine Recovery Conference Georgia will attend the forum at the level of Prime Minister, Foreign Minister, while Azerbaijan will send their Foreign Minister. About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. |