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EghtesadOnline: Tax revenues saw a 73% YOY rise during March 21-Aug. 22, thanks to measures taken by the government, including the connection of nine million point-of-sale terminals to the national taxation system and activating another nine million POS terminals.

Tax revenues accounted for 2,000 trillion rials ($6.31 billion), or 48.5% of the government’s 4,120 trillion-rial ($13.01 billion) income during the first five months of the current fiscal year (started March 21). 

Tax revenues saw a 73% year-on-year rise during the period, thanks to measures taken by the government, including the connection of nine million point-of-sale terminals to the national taxation system and activating another nine million POS terminals. As a result, the number of taxpayers increased by three million by Aug. 22, Mehr News Agency reported, citing the Ministry of Economic Affairs and Finance. 

The number of tax declarations submitted to the Iranian National Tax Administration increased from 3 million to 4.5 million (marking a more than a 50% rise) by Aug. 22.

Tax Income Gov’t Revenues