Tehran Province Revenues at $2.5b in 8 Months

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.

News ID: ۷۸۴۴۴۱

31 December 2018

According to the Revenues Department of Tehran Governorate, 93% of these revenues were gained from taxation, Tehran Chamber of Commerce, Industries, mines and Agriculture's news outlet reported.

Direct tax revenues, including tax on non-governmental legal entities, private sector companies and real-estate agencies, hovered around 134 trillion rials ($1.3 billion) while indirect taxes, including value added tax, tax on cigarette sales and departure tax, stood at 119 trillion rials ($1.15 billion), according to Financial Tribune.