EghtesadOnline: Since the government got the ball rolling on gasoline price reform on Nov. 15, by rationing and raising the price of fuel by at least 50%, officials such as Oil Minister Bijan Namdar Zanganeh have declared that revenues earned from the new fuel price hike, in their entirety, would be redistributed among the people.
EghtesadOnline: Economy Minister Farhad Dejpasand said taxing bank account earnings is not on the agenda and denied rumors that the government may do so as part of its efforts to increase non-oil revenues.
EghtesadOnline: Tehran Municipality has announced that revenues earned from traffic and air pollution schemes underway in the capital city of Tehran are being spent on expanding the city's urban transportation system.
EghtesadOnline: The 11th Tehran Auction, which presented Iranian artworks on July 5, grossed 422.04 billion rials ($3.24 million), registering a 23% growth compared with the previous round.
EghtesadOnline: French automotive companies PSA Group and Renault have linked declines in their first-quarter revenues to their forced withdrawal from Iran under threat of US sanctions.
EghtesadOnline: The total operating revenues of Iran’s top 100 companies, based on their financial statements for the fiscal year that ended on March 20, 2018, stood at 5,670 trillion rials ($47.25 billion) to register a 24% increase compared with the year before.
EghtesadOnline: The research arm of the Majlis in a new assessment of next year's proposed budget, says government revenues predicted for fiscal 2019-20 are unlikely to materialize.
EghtesadOnline: Tehran Province earned 260 trillion rials ($2.5 billion) in revenues during the first eight months of the current fiscal year (March 21-Nov. 21), indicating a 12.5% rise compared with the similar period of last year.
EghtesadOnline: The Islamic Republic of Iran Customs Administration has turned in its best-ever midyear profit during the first half of the current Iranian year (March 21-Sept. 22), according to a report published on its website on Sunday.
EghtesadOnline: The government earned 2.5 trillion rials ($17.48 million) from cigarette tax in the first five months of the current year (March 21-Aug. 22).