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No More Subsidized Currency for Importing Eyed Eggs

EghtesadOnline: The government has discontinued the allocation of subsidized foreign currency for the import of eyed eggs, the head of Iran Fisheries Organization said.
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Publish Date:05/February/2020 | 24:10

Iran: No More Subsidized Foreign Currency for Sugar Imports

EghtesadOnline: The government will no longer allocate subsidized foreign currency for sugar import, as per the letter forwarded to the Central Bank of Iran by the Ministry of Industries, Mining and Trade.
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Publish Date:02/February/2020 | 24:29

Iran's Tax Administration Brings Big-Timers Under Scrutiny

EghtesadOnline: The government wants to bring under closer scrutiny transactions above 50 billion rials ($375,000) conducted inside the country, head of Iranian National Tax Administration said.
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Publish Date:02/February/2020 | 24:14

State Companies to Pay $444m in Tax

EghtesadOnline: Banks, companies and other organizations affiliated to the government must pay 57.8 trillion rials ($444 million) in tax in the coming fiscal year that starts in March 2020.
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Publish Date:30/December/2019 | 24:46

Fuel Smuggling in Iran: A Strange Narrative

EghtesadOnline: The Tehran government ’s protestations about fuel smuggling from the eastern and southern borders have become a permanent feature. So has the inability and unwillingness of those in charge to put an end to this wholesale corruption inflicting colossal economic loss for too many years.
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Publish Date:24/December/2019 | 24:49

Iran Gov’t to Sell Stakes in Six Refineries

EghtesadOnline: The government ’s remaining stakes in six refineries is to be offered via a monolithic exchange-traded fund, according to a decision by an ad hoc committee in charge of divesting government property.
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Publish Date:21/December/2019 | 24:09

PBO Says Revolutionary Bodies Must Pay Tax

EghtesadOnline: The government announced on Monday that revolutionary organizations involved in economic activities must pay tax in the coming fiscal year that begins in March 2020.
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Publish Date:18/December/2019 | 24:17

Iran: Bigger Role for Stock Market in Gov’t Funding

EghtesadOnline: The government has concocted a bigger role for the stock market on the revenue side of the next fiscal budget (March 20-21), according to the CEO of Iran Fara Bourse, the junior stock market.
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Publish Date:18/December/2019 | 05:04

Iran: Gasoline Sales Drop, CNG Rises

EghtesadOnline: Gasoline consumption fell by 22 million liters a day in the three weeks from November 15 after the government rationed gasoline and raised prices by selling it at two rates.
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Publish Date:11/December/2019 | 09:43

MRC Criticizes Piecemeal Measures to Tackle Inflation

EghtesadOnline: In an analytical report appraising measures taken to curb inflation, the Majlis Research Center says the government has resorted largely to temporary and micro measures to curb inflation and control liquidity but in doing so has failed to address macro variables.
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Publish Date:09/December/2019 | 10:53

Iran: Tax Revenues Rise 4% to $7b

EghtesadOnline: Director of Iranian National Tax Administration Omid Ali Parsa says the government ’s tax revenues reached 890 trillion rials ($7.09 billion) during the first eight months of the current Iranian year (started March 21).
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Publish Date:03/December/2019 | 24:00

Iran Gov't Toughens Eligibility for Livelihood Assistance Program

EghtesadOnline: The government will weigh up offering earnings from higher gasoline prices to people only after monitoring their bank accounts, Ahmad Meydari, deputy minister of cooperatives, labor and social welfare, announced.
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Publish Date:01/December/2019 | 11:38

Gasoline Use in Iran Declines After 12 Years

EghtesadOnline: Following the abrupt government decision to raise gasoline prices and sell it at two rates from November 15, consumption fell by at least 20% over a 10-day period, the National Iranian Oil Products Distribution Company (NIOPDC) announced Tuesday.
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Publish Date:27/November/2019 | 10:16

New Housing Plan: More of the Same

EghtesadOnline: The government recently announced a plan to construct homes for the newlyweds and people with reasonable income or pensioners who do not own a home and cannot afford to buy one without state assistance.
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Publish Date:25/November/2019 | 24:05

Fuel Price Hike Drives People Toward Public Transportation

EghtesadOnline: Since the government rationed and raised the price of gasoline on Nov. 15, the public transportation fleet in Tehran has served 20% more passengers, Tehran City Council Chairman Mohsen Hashemi said.
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Publish Date:24/November/2019 | 10:49

Government to Issue $442m Sukuk Securities

EghtesadOnline: The government will issue 49.9 trillion rials ($442 million) in Manfa’at Sukuk securities for its budgeting needs for this fiscal year (March 2019-20).
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Publish Date:10/November/2019 | 24:28

No Point in US Talks as It Won’t Make Concessions

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Sunday that talks with the US government will not bear any results, because the Americans are not ready to offer any concessions.
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Publish Date:04/November/2019 | 07:33