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PRESS RELEASE FOR MAY, 2023

Official Press Release of Financial Chain Corporation. We are entirely responsible for the content and its accuracy and are ready to disclaim or correct any wrong or scammy information we are answerable for. Do not hesitate to contact us if you have any questions, please.

07.05.2023 BUSINESS FORUM IN TAJIKISTAN

Financial Chain Corporation Tajikistan participated in the event organized with the support of the USAID program Trade Central Asia Activity on Trade Promotion Service Providers and State Committee on Investment and State Property Management of the Republic Tajikistan In collaboration with the Chamber of Commerce and Industry of Tajikistan conducted the Business Forum of Tajikistan and Malaysia In Dushanbe, Tajikistan on May 5th, 2023 at SI “Tajikistan National Library.”

07.05.2023 CZECH CROWN CONTINUES IMPRESSIVE RUN
Czechia’s national currency recently hit a 15-year high against the euro. What does this mean if you’re traveling outside of Czechia in Europe?
The Czech crown – in recent months surging in value against the euro – could yet strengthen further, Novinky. Cz quotes analysts as saying. This is good news for people spending crowns abroad, as the national currency’s purchasing power continues to strengthen in many European countries.

 

11.05.2023 MEAL AND TRANSPORT ALLOWANCE INCOME TAX EXEMPTIONS

Meal and transport allowances provided by employers are subject to tax exemption in the amounts determined each year.

With the new regulation in food allowance, the daily exemption amount has been announced as 110 ₺, regardless of whether it is provided in cash or by card. If meal allowance is made through the workplace cafeteria, this allowance should be expensed in accounting without being included in the payroll.

11.05.2023  PROCEDURE OF DEDUCTION TAX FROM INDIVIDUALS FOR NON-CASH PAYMENTS IN TAJIKISTAN 

On March 27, 2023, the Government of the Republic of Tajikistan issued Decree № 117, which outlines the Procedure of deduction tax from individuals for non-cash payments. The Chairman of the Government of Tajikistan, Emomali Rahmon, signed the decree.

11.05.2023 ADVANTAGES AND DISADVANTAGES OF PAYROLL OUTSOURCING

As businesses grow, managing payroll can become increasingly complex and time-consuming. One solution to this problem is payroll outsourcing, where a third-party service provider takes on the task of processing payroll. While payroll outsourcing can have significant advantages, it also has its share of disadvantages. In this article, we will explore both the advantages and disadvantages of payroll outsourcing, as well as how FCHAIN Corporation a Global Consulting Company can help businesses with our outsourcing services.

13.05.2023 FCHAIN CORPORATION BECOMES SILVER SPONSOR OF CASPIAN ENERGY INVESTMENT FORUM IN TASHKENT

FCHAIN Corporation proudly announces its role as a silver sponsor of the esteemed Caspian Energy Investment Forum in Tashkent. The event, known for bringing together industry leaders, investors, and government officials, serves as a platform to discuss investment opportunities and foster economic growth in the region.

Unemployment in the Czech Republic experienced a slight decline in April, reaching 3.6%, according to the Labor Office of the Czech Republic. With 261,700 individuals out of work, this decrease of 0.1% continues the trend of diminishing unemployment in the country, which stood at 3.3% in the same period last year. Comparatively, recent Eurostat data reveals that the Czech Republic maintains the lowest unemployment rate in the European Union, with an impressive 2.6% in March, as opposed to the EU average of 6.1%.
Financial Chain Corporation, a leading financial consulting company, was represented by its deputy director Valid Huseynov and HR manager Nargiz Afandiyeva who took part in the event. Mr.Valid Huseynov, as a speaker on the second panel, shared his insights and expertise.
The highly anticipated Caspian Energy Investment Forum took place on April 30 in Istanbul, Turkey, attracting prominent industry leaders, government officials, and investors from across the globe. The event, focused on providing valuable insights into the local market, economy, and fostering business networking opportunities, was a resounding success.

Minor but important changes were made to the Accounting Rules, the corresponding order No. 507 was signed on May 15, 2023:

31.05.2023 THE TENTH MASS RUN TAKES PLACE IN GANJA

A mass run with the participation of around 200 participants dedicated to the 100th anniversary of Heydar Aliyev took place in Ganja.

As reported by azerisport.com, the run was organized jointly by the Azerbaijan Athletics Federation, the Executive Authority of Ganja City, and the Ministry of Youth and Sports, with the support of Financial Chain Corporation.

  • Author: Gunel Musa

Public Relations Manager

08.06.2023
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