EghtesadOnline: As part of their latest open session on Sunday to discuss the fiscal 2018-19 budget bill, members of parliament designated the areas where resources from the National Development Fund of Iran are allowed to be spent by the government.
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: Cigarette tax will remain unchanged as approved by Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill proposed by the government before its final ratification.
EghtesadOnline: Parliamentarians have rejected a proposed increase on cigarette duties incorporated in the next fiscal budget bill (March 2018-19) and referred it back to the Majlis Joint Commission for revision.
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: The prices of Iranian cigarettes will increase by 50% as per the parliament’s addendum to the government’s proposed budget bill for the next fiscal year (March 2018-19), the head of Tobacco Planning and Supervision Center said on Saturday.
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.
EghtesadOnline: The Subsidy Reform Plan and the pricing of energy carriers topped the agenda of Majlis Joint Commission in its sessions to revise the rejected budget bill for the next fiscal (March 2018-19) on Monday.
EghtesadOnline: The Majlis on Sunday disapproved the outlines of the proposed budget for the upcoming fiscal year (March 2018-19).
EghtesadOnline: The joint commission of the parliament has wrapped up work on the budget bill for the next fiscal year (March 2018-19) and submitted its draft version to the Majlis Presiding Board on Saturday.