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Armenian Taxmen Collect 51.1 Billion Drams Of Revenues In January

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  • Armenian Taxmen Collect 51.1 Billion Drams Of Revenues In January

    ARMENIAN TAXMEN COLLECT 51.1 BILLION DRAMS OF REVENUES IN JANUARY

    ARKA
    March 3, 2010

    YEREVAN, March 3, /ARKA/. Armenian tax and customs authorities
    collected a total of 51.1 billion Drams of different revenues in the
    first month of 2010, by 22.3% or 9.3 billion Drams more than a year
    ago, the ministry of finance reported.

    According to the ministry, 40.2 billion Drams were collected as taxes
    and duties, of which 21.9 billion Drams were collected as VAT, by 20.5%
    more than in 2009 January. Also 3.5 billion Drams were collected as
    excise taxes, 4.6 billion Drams as profit taxes , 4.4 billion Drams
    as income taxes, 2 billion Drams as customs duties, 916,2 million
    Drams as state dues and 1.7 billion Drams as fixed payments.

    According to the ministry, the amount of collected mandatory social
    insurance payments rose by 41.7% from 2009 January to 6.8 billion
    Drams.

    Other non-tax revenues totaled 4.2 billion Drams or 68.5% of the
    quarter projection. The Armenian government plans to collect this
    year 742 billion Drams in revenues and spend 935 billion Drams. The
    projected deficit is 193.4 billion Drams ($1 - 385.64 Drams).
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