State Budget revenues from tax service increased

11:36 - 15.11.2021


November 15, Fineko/abc.az. The work carried out for Jan-Oct 2021 on transparency of turnover, further improvement of tax administration, the pace of recovery observed in certain sectors of the economy of Azerbaijan led to an increase in tax and social insurance revenues.

ABC.AZ was informed at the State Tax Service that for this period the country’s State Budget received taxes for AZN 7.36 bn from the State Tax Service. Thus, the forecast was met by 122.4%. For comparison, it should be noted that compared with the same term of 2020, tax revenues increased by 15.8%, or more than AZN 1 bn.