{"id":251390,"date":"2024-03-07T08:12:10","date_gmt":"2024-03-07T08:12:10","guid":{"rendered":"https:\/\/armbanks.am\/2024\/03\/07\/251390\/"},"modified":"2024-03-07T08:12:10","modified_gmt":"2024-03-07T08:12:10","slug":"personal-income-tax-refund-on-mortgage-interest-repayment-amounted-to-amd-52-bln-in-2023","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2024\/03\/07\/251390\/","title":{"rendered":"Personal\u00a0\u00a0income tax refund on mortgage interest repayment\u00a0\u00a0amounted\u00a0to AMD 52 bln in 2023"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>YEREVAN, March 7. \/ARKA\/. <\/strong>The Armenian government has allocated about AMD 52 billion in 2023 to subsidize income tax refunds to 38,911 recipients who used it to repay mortgage interest, the State Revenue Committee (SRC) reports.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The report said the income tax refunds are given quarterly in the amount of income tax paid by the beneficiaries. Borrowers must buy property in the primary market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This scheme has been in place since 2015. The value of the real estate must not exceed AMD 55 million. The amount of personal income tax refund should not exceed AMD 1.5 million for 3 months.&nbsp;&nbsp;($1 &#8211; AMD 403.94).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Armenian government has allocated about AMD 52 billion in 2023 to subsidize income tax refunds to 38,911 recipients who used it to repay mortgage interest, the State Revenue Committee (SRC) reports<\/p>\n","protected":false},"author":1,"featured_media":196651,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":["post-251390","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banks-en-en","category-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"The Armenian government has allocated about AMD 52 billion in 2023 to subsidize income tax refunds to 38,911 recipients who used it to repay mortgage interest, the State Revenue Committee (SRC) reports\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<meta name=\"google-site-verification\" content=\"l8sdBd3STQ6A37MF5AO_21FEwNPHg9tRpooOo3Wx_eQ\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/armbanks.am\/en\/2024\/03\/07\/251390\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Personal income tax refund on mortgage interest repayment amounted to AMD 52 bln in 2023 - 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