Some businesses were cautious in selecting staff. Personnel market is directly dependent on the state of the economy and, during 2013 Kazakhstani employees worked in a relatively favorable period of smooth growth in all sectors. About this in an interview with Kapital.kz Business Portal Valeria Sheveleva, the director of ANCOR personnel holding told,
A bill suspending the number of permits in Kazakhstan has been prepared- Zhamishev
Only if introduced to this law, a new permit or notification may come to existence. Source: Novosti-Kazakhstan IA The bill assuming the conservation of the number of permissive and notification documentation in Kazakhstan is at the final stage of negotiation with government agencies, the Minister of Regional Development, Mr. Bolat Zhamishev said on Thursday, as… Read More
A concept of pension assets management will be presented by the National Bank of Kazakhstan in I quarter of 2014
ASTANA, 23 December – Novosty – Kazakhstan IA. National Bank of (NB) of Kazakhstan expects to present the concept of pension assets concentrated in the Uniform Accumulation Pension Fund (UAPF) in the first quarter of next year, the NB head, Kairat Kelimbetov said on Monday at a briefing in Astana. “In the first quarter we will present… Read More
Business service centers will be opened in all regional centers of Kazakhstan before the end of the year
ASTANA, 23 December – Novosty-Kazakhstan IA. Business service centers will be opened in all regional centers of Kazakhstan till the end of 2013, the head of the Development Fund “Damu” Entrepreneurship Lyazzat Ibragimov at a briefing on Monday. “In 2013, we opened business service centers in nine regional centers. During this and next week, before 31 December… Read More
Nazarbayev instructed to toughen punishment for officials for illegal business inspection
ASTANA, 20 December – Novosty –Kazakhstan IA. Measures should be taken to tighten penalties for illegal inspection of business by officials in Kazakhstan, Nursultan Nazarbayev, the President said. “It is important to take measures to toughen punishment of officials for illegal business inspection. General Prosecutor’s do not perform its task in full. 140,000 inspections have been… Read More
Fitch identified the risk of the banks of CIS countries
Further rapid and weakly managed growth in retail loans growth is negative for banks in Kazakhstan. The forecast for most banking sectors in the CIS and Georgia in 2014 is “Stable”, reflecting the agency’s expectations that the operating environment does not undergo significant changes. It is reported by Kapital.kz Business Portal with the reference to… Read More
Established a fund for the development of renewable energy
To create a fund investors have been attracted. Holding “Baiterek” attracted investors in “green” economy of Kazakhstan, one reported to Kapital.kz Business Portal in press service of holding. They have signed a tripartite memorandum of of “Baiterek” – JSC “National Agency for Technological Development” in the list of participators of Central Asia Renewable Energy Fund… Read More
Financial police suggested limiting single cash withdrawal by individuals to the amount of 5.2 million tenge
ASTANA, 10 December – Source: Novosty-Kazakhstan IA. Kazakhstan Agency for Struggle against Economic Crimes and Corruption (Financial Police) offers to limit a one-time cash withdrawal by individuals to the amount of 3000 monthly calculation indexes or 5.2 million tenge, Denis Shakenov, the head of the department for the disclosure and prevention of corruption cases said on Tuesday.… Read More
Young persons of Kazakhstan will declare property and income – MinFin
This was announced by the vice-minister of Finances, Ruslan Dalenov. Source: Novosty – Kazakhstan International Press Agency. Young Persons will declare property in income in Kazakhstan after introduction of the overall declaration in 2017 in the country, as reported by the vice-minister, Ruslan Dalenov in Wednesday ИА Novosty-Kazakhstan informs. According to the draft blaw the number of… Read More
The three-year moratorium on the desk audits of declarations is planned to be imposed by the Ministry of Finance
This information was announces by Mr. Dalenov during the round table conference on change over to the overall declaration of income and property of the RoK citizens. Source: Novosty – Kazakhstan International Information Agency. The moratorium on the desk audits of declarations until 2020 is planned to be applied by the Ministry of Finances as reported by… Read More
A new tax will be imposed on new automobiles purchased and imported into the RoK after 1 January 2014
Today, the RoK Senate of the Parliament approved increase of tax on transport included into the list of article of luxury. Source: http://www.zakon.kz The draft law provides for 1 January 2014 as the date of introduction of new rates. The tax rate for automobiles with engine capacity of 4 to 5 th. cubic centimeter will be 130… Read More
The Parliament of Kazakhstan has adopted amendments increasing tax on alcohol, tobacco and property
The senators have adopted the law on “Introduction of amendments to certain legislative acts of the RoK on matters concerning taxation”. Source: Novosty-Kazakhstan International Information Agency» Deputies of the Senate (upper chamber of the parliament) have adopted the law “On introduction of amendments to certain legislative acts of the Republic of Kazakhstan on matters concerning taxation” in… Read More
MCI, MS rates for the year 2014
The budget policy in the mid-term period will be aimed at ensuring balancing of state finances. Source: ИА ZAKON.KZ In 2014 measures of counter-cyclical control over economy. Information was presented by the RoK Prime –Minister, S. Akhmetov on the plenary meeting of the RoK Parliament Majilis, after approval of the draft law “On Republican Budget for… Read More
Astana will impose sanctions on Moscow, if car recycling tax is not cancelled
ASTANA, 18 November – IA Novosty – Kazakhstan. Astana is in talks with Moscow on the abolition of car recycling tax. If no agreement is reached, Kazakhstan will have to apply retaliatory measures against imports of Russian cars, Minister for Economic Integration of the Republic, Zhanar Aytzhanova said at the “government hour” in the Majilis. “Russia after… Read More
Senators have approved the tax increase
The need to raise taxes by deputies is substantiated by the Minister, Yerbolat Dossayev. A bill to raise taxes on property, land, transport, as well as excise on alcohol and tobacco products has been approved by deputies of the Senate in the first reading. This is reported by the correspondent of Kapital.kz business portal. “In… Read More
Amendments to the law on EXPO – 2017 have been approved in Majilis
The Majilis deputies approved amendments to the bill of Kazakhstan governing the conduct of the international exhibition EXPO – 2017 in Astana. This is reported by the correspondent of Kapital.kz business portal. As the Minister of Economy and Budget Planning of the RoK, Yerbolat Dossaev informed, the document provides for the exemption of construction of… Read More
AkZhol calls not to forget about national interests in the amendments to the laws on the public procurement
The bill provides for the single organizer of public procurement and change over to an electronic format. The bill also introduces other amendments aimed at ensuring transparency and reduction in administrative burden on business. Source:ИА ZAKON.KZ In Ak ZholАк one called the bill “On Introduction of amendments to certain legislative acts on public procurement issues as modern… Read More
The draft law about the republican budget for 2014-2016 was presented in the Senate
Astana. October 25. Kazakhstan Today – Draft law “On republican budget for 2014-2016” was presented in the Senate, Kazakhstan Today reports. “Today in the Senate of the Parliament of the Republic of Kazakhstan with the participation of Deputy Speaker of the House, Kairat Ischanov, the presentation of draft laws “On republican budget for 2014-2016 ”… Read More
Prices for АИ-92 were increased in Kazakhstan
This decision is approved by the Ministry of Oil and Gas, Ministry of Economy and Budget Planning. One has changed the maximum retail prices for some types of fuels and lubricants (POL).This information was presented to Business Portal Kapital.kz by the press services of the Agency for regulation of natural monopolies. Price caps on retail sales of… Read More
National Bank expects inflation on the results which will be close to the low level of a range– 6- 8 %.
Astana. 23 October. National Bank expects inflation on the results which will be close to the low level of a range of 6- 8 % as reported by Kazakhstan Today news agency. Kairat Kelimbetov, chairman of the National bank of the RoK informed during the meeting that the National Bank expects that based on results… Read More
Kazakhstan people will be offered taking a mortgage again
The resumption of the issuance of mortgage loans by banks will be discussed at the Council on economic policy. The issue concerning the mortgage on housing and construction market in Kazakhstan will be discussed in the government. Prime Minister, Serik Akhmetov instructed to connect “Baiterek” holding to this work, the correspondent of Business portal Kapital.kz informs.… Read More
The president supports a tax on luxury
The president supports a tax on luxury. At the same time he believes that it is impossible to increase taxes for the middle class. Reach people of Kazakhstan should bear the social responsibility to the people and direct their wealth on the development of the country. At the XV Congress of the People’s Democratic Party… Read More
What are the consequences of fall of Tenge for the housing market?
Experts are preparing a forecast of the situation in the housing market this autumn. In the case of devaluation, a fundamental change of processes on the real estate market in Kazakhstan is not expected according to the opinion of Ermek Musrepov, the President of Kazakhstan Real Estate Federationhttp, Business Portal Kapital.kz reports. “Also, the fall of the… Read More
Experts have published the difference between the taxation system in Kazakhstan and in Europe
Experts have published the difference between taxation system in Kazakhstan and in Europe, the correspondent of Tengrinews.kz reports. According to information presented by Anton Soroko, the analyst’ of FINAM, an investment holding company, in general, Kazakhstan’s tax system is similar to the Russian one, which is much milder than in most European countries. “Basically, this… Read More
