tag budget bill

Iran's Next Transportation Budget at $872m

EghtesadOnline: A total of 118.18 trillion rials ($872.17 million) have been allocated for the transportation sector in the next fiscal year's (March 2020-21) budget bill , of which 95.3% will be spent on development projects and 4.7% on operating expenses.
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Publish Date:16/February/2020 | 05:11

Cash Subsidy Payments to Rise in Next Fiscal Year

EghtesadOnline: The parliamentary body responsible for reviewing the budget bill , the Majlis Joint Commission, has approved the pooling of next year’s revenues gained from the implementation of the Targeted Subsidies Law of 2010 and those earned from raising gasoline price since mid-November 2019.
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Publish Date:01/February/2020 | 24:24

10% Tax on Healthcare Providers’ Fees Next Year

EghtesadOnline: As per the budget bill for the next Iranian year (March 2020-21), all healthcare centers, including public or private-run health clinics and facilities as well as charity medical centers or those affiliated to the Armed Forces and state companies have been obliged to deduct 10% of their physicians’ fees and pay it in taxes to the Iranian National Tax Administration.
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Publish Date:18/December/2019 | 05:14

ETFs to Help Gov’t Sell Shares

EghtesadOnline: In the budget bill for the next fiscal year (March 2020-21) the government can divest its stake in state-run companies via exchange-traded funds.
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Publish Date:11/December/2019 | 10:03

Rise in Iranian Departure Tax Next Year

EghtesadOnline: The Iranian government has set next year’s departure tax at 2.64 million rials ($20) for travelers who take their first overseas trip of the year, as per the budget bill of the next fiscal year (March 2020-21), 3.96 million rials ($30) for their second trip and 5.28 million rials ($40) for the third or more trips.
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Publish Date:10/December/2019 | 24:28

Iran Parliament Approves $400m Capital Boost for Home Lender

EghtesadOnline: Lawmakers ratified another section of next year's (March 2019-20) budget bill that allows Bank Maskan - the main housing bank - to reimburse 50 trillion rials ($400 million) of its debt to the Central Bank of Iran.
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Publish Date:23/February/2019 | 14:55

Commission Sets Ceiling for Income Tax Exemption

EghtesadOnline: Majlis Joint Commission, the parliamentary body responsible for reviewing the budget bill , on Wednesday approved that those with a monthly income of less than 27.5 million rials ($230) will be exempt from paying income tax in the next fiscal year (March 2019-20), IRNA quoted the commission's rapporteur, Mohammad Mehdi Mofatteh, as saying.
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Publish Date:02/February/2019 | 14:57

Pres. to submit budget bill of almost $100b on Dec. 4

EghtesadOnline: President Hassan Rouhani on Thursday announced the budget bill for the next Iranian fiscal year of 1396 (March 21, 2017-March 20, 2018) is 3,200,000 billion rials (about 100 billion dollars).
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Publish Date:04/December/2016 | 10:09

Provincial Spending Package at $13.7b in New Fiscal Budget Bill

EghtesadOnline: The government has allocated 3,536 trillion rials ($13.7 billion) in the spending package for Iran’s 31 provinces as per the budget bill for the next fiscal year (March 2021-22), of which 2,896 trillion rials ($11 billion) will go to the operating budget and 640 trillion rials ($2.46 billion) will be spent on development projects.
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Publish Date:13/December/2020 | 18:00

Majlis Rejects Outlines of Next Fiscal Budget Bill

EghtesadOnline: The Iranian Parliament, also known as Majlis, rejected the outlines of the upcoming fiscal year’s (starting March 20, 2020) budget bill on Monday.
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Publish Date:29/February/2020 | 06:49

Dams Are No Smart Solutions for Iran

EghtesadOnline: Based on the March 2020-21 budget bill , close to $160 million will be allocated to dam construction in the next Iranian year.
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Publish Date:01/January/2020 | 11:15

Normal Int'l Ties Key to Improving Oil Sector

EghtesadsOnline: Selling one million barrels of oil a day as forecast in the March 2019-20 budget bill is wishful thinking in the absence of robust diplomatic relations with neighbors and the world, a member of the Majlis Energy Commission said.
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Publish Date:21/December/2019 | 24:12

Rouhani Submits Budget Bill

EghtesadOnline: President Hassan Rouhani submitted the budget bill for the upcoming Iranian year (March 2020-21) to the parliament on Sunday which, he said, is indicative of the country’s tenacity and resistance in the face of US sanctions.
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Publish Date:09/December/2019 | 10:58