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  • EghtesadOnline: Iran Insurers’ Syndicate has called on the government to release details about how third-party auto insurance tax revenue is spent. The syndicate has strongly opposed imposing higher taxes on insurance companies.

  • EghtesadOnline: The Iranian government has set the next year’s departure tax at 2.64 million rials ($10.5) for travelers who take their first overseas trip of the year, as per the budget bill of the next fiscal year (March 2021-22), 50% more for their second trip (3.96 million rials or $15.8) and 100% more for the third or more trips, i.e., 5.28 million rials ($21.1).

  • EghtesadOnline: The Iranian National Tax Administration reported 99 trillion rials ($380 million) in tax revenue from stock trade in the first six months of current fiscal year (March 20-Sept.21).

  • EghtesadOnline: Visible inequality in income distribution aside, Iran’s economy is saddled with an unfair tax system that has made the realization of economic justice more elusive than ever.

  • EghtesadOnline: The government earned 510 trillion rials ($1.73 billion) in tax revenues during the first quarter of the current fiscal year (March 20-June 20), which indicates a 111% increase compared with the corresponding period of last year.

  • EghtesadOnline: Tax revenues to government public budget resources increased from 35.1% in the year ending March 2019 to 37.5% in the year ending March 2020, as tax revenues to current expenditure ratio also improved from 2.45% to 8.47% during the fiscal 2019-20.

  • EghtesadOnline: The export of potatoes has been exempted from tax and customs duties by the Ministry of Industries, Mining and Trade.

  • EghtesadOnline: A 4-5% decline in the production sector’s tax rates has been envisioned in the next fiscal year's budget (March 2021-22).

  • EghtesadOnline: A 4-5% decline in the production sector’s tax rates has been envisioned in the next fiscal year's budget (March 2021-22).

  • EghtesadOnline: President Hassan Rouhani has asked the Ministry of Economic Affairs and Finance to implement the legislation on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to income tax between India and Iran, Mehr News Agency reported