EghtesadOnline: Members of Iran’s Parliament ratified a number of financial measures relating to bonds, finance and loans among other things during their latest open session on Tuesday to discuss the fiscal 2018-19 budget. Some of the measures were tweaked to comply with Islamic and constitutional precepts vetted by the Guardians Council.
EghtesadOnline: Members of the Iranian Parliament agreed on a 12.17-quadrillion-rial ($269 billion) budget for the next Iranian year on Thursday with 148 votes in favor, 38 against and 3 abstentions.
EghtesadOnline: Lawmakers on Tuesday passed a number of measures related to the banking system and the National Development Fund of Iran while reviewing articles of the fiscal 2018-19 budget.
EghtesadOnline: Parliamentarians have mandated the government to tax 1% of miners’ total sales and deposit the earnings with the treasury as part of the next fiscal year’s (March 2018-19) budget.
EghtesadOnline: Iranian lawmakers set the ceiling on Sunday for government, ministries, universities and municipalities' bond issuance as part of the next year’s (March 2018-19) budget at an aggregate of 1.78 quadrillion rials (about $38.86 billion at current exchange rate).
EghtesadOnline: As approved by the Iranian Parliament on Sunday, those with an annual income of less than 276 million rials ($5,872) will be exempt from paying income tax in the next Iranian year (March 2018-19).
EghtesadOnline: Former governor of the Central Bank of Iran, Tahmasb Mazaheri, lays the blame for the first-ever rejection of the general outlines of the country’s budget by parliamentarians on hereditary problems that are not exclusive to next year’s (March 2018-19) budget bill and have been there for years.
EghtesadOnline: Members of parliament in their latest open session on Saturday reviewed the details of the fiscal 2018-19 budget law and approved measures concerning finance, government resources and bonds, among other things.
EghtesadOnline: Iranian lawmakers approved the revised outlines of the budget for the next fiscal year (March 2018-19) on Wednesday, clearing the way for its detailed sectoral voting in the weeks ahead.
EghtesadOnline: The budget allocated to cash subsidy payments in the next fiscal year (starting March 21) has increased by 70 trillion rials ($1.55 billion) to reach 300 trillion rials ($6.66 billion) after lawmakers called for a revision of the budget bill, a member of the commission said.