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H1 Tax Revenues Hit $7 Billion

Average monthly tax earnings increased from 150 trillion rials ($454 million) in the fiscal 2020-21 to 250 trillion rials ($757 million) in 2021-22 and to 400 trillion rials ($1.2 billion) in 2022-23.
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Publish Date:31/October/2022 | 21:40

CBI Rebuffs Majlis Move to Raise Forex Rates in Budget

EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati criticized the parliament’s decision to raise forex rates for importing essential goods, saying that it would negatively impact monetary variables.
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Publish Date:05/January/2021 | 18:54

CBI Rebuffs Majlis Move to Raise Forex Rates in Budget

EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati criticized the parliament’s decision to raise forex rates for importing essential goods, saying that it would negatively impact monetary variables.
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Publish Date:05/January/2021 | 18:54

Next Fiscal Year’s Budget Deficit Could Widen Fivefold

EghtesadOnline: The government’s budget deficit (the excess of spending over revenue) is estimated to reach 3,190 trillion rials ($12.26 billion) as per the budget bill of next fiscal year (March 2021-22), i.e. five times the projected figure of the current year, says top advisor to the president of Tehran Chamber of Commerce, Industries, Mines and Agriculture and former official with Industries Ministry.
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Publish Date:15/December/2020 | 15:28

Next Fiscal Year’s Budget Deficit Could Widen Fivefold

EghtesadOnline: The government’s budget deficit (the excess of spending over revenue) is estimated to reach 3,190 trillion rials ($12.26 billion) as per the budget bill of next fiscal year (March 2021-22), i.e. five times the projected figure of the current year, says top advisor to the president of Tehran Chamber of Commerce, Industries, Mines and Agriculture and former official with Industries Ministry.
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Publish Date:15/December/2020 | 15:28

Stake sale Big Part of Budget

EghtesadOnline: The government has projected higher earnings from selling shares in state-owned companies in the next fiscal budget (March 2021-22) compared to the current budget.
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Publish Date:07/December/2020 | 18:17

Stake sale Big Part of Budget

EghtesadOnline: The government has projected higher earnings from selling shares in state-owned companies in the next fiscal budget (March 2021-22) compared to the current budget.
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Publish Date:07/December/2020 | 18:17

Oil Dependency in New Budget Is Unwarranted

EghtesadOnline: Return of normalcy to Iran’s oil export after US president-elect Joe Biden takes office in January and eases the economic siege is way off, a deputy head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture's Exports Commission said.
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Publish Date:06/December/2020 | 19:56

Oil Dependency in New Budget Is Unwarranted

EghtesadOnline: Return of normalcy to Iran’s oil export after US president-elect Joe Biden takes office in January and eases the economic siege is way off, a deputy head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture's Exports Commission said.
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Publish Date:06/December/2020 | 19:56

Departure Tax Rate Unchanged in New Budget Bill

EghtesadOnline: The Iranian government has set the next year’s departure tax at 2.64 million rials ($10.5) for travelers who take their first overseas trip of the year, as per the budget bill of the next fiscal year (March 2021-22), 50% more for their second trip (3.96 million rials or $15.8) and 100% more for the third or more trips, i.e., 5.28 million rials ($21.1).
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Publish Date:05/December/2020 | 13:16

Departure Tax Rate Unchanged in New Budget Bill

EghtesadOnline: The Iranian government has set the next year’s departure tax at 2.64 million rials ($10.5) for travelers who take their first overseas trip of the year, as per the budget bill of the next fiscal year (March 2021-22), 50% more for their second trip (3.96 million rials or $15.8) and 100% more for the third or more trips, i.e., 5.28 million rials ($21.1).
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Publish Date:05/December/2020 | 13:16

Gov’t Submits $37 Billion Budget Bill to Parliament

EghtesadOnline: Vice President for Parliamentary Affairs Hosseinali Amiri submitted the budget bill for the next fiscal year (March 2021-22) to the parliament on Wednesday.
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Publish Date:04/December/2020 | 15:21

Gov’t Submits $37 Billion Budget Bill to Parliament

EghtesadOnline: Vice President for Parliamentary Affairs Hosseinali Amiri submitted the budget bill for the next fiscal year (March 2021-22) to the parliament on Wednesday.
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Publish Date:04/December/2020 | 15:21

Sources of Financing Essential Imports Narrow in New Budget

EghtesadOnline: The government was allowed to tap into revenues gained from the export of crude oil, gas condensates and natural gas to allocate cheap foreign currency at the rate of 42,000 rials per US dollar to import essential goods as per the budget laws of the fiscal years ending March 2020 and 2021.
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Publish Date:26/November/2020 | 16:00

Sources of Financing Essential Imports Narrow in New Budget

EghtesadOnline: The government was allowed to tap into revenues gained from the export of crude oil, gas condensates and natural gas to allocate cheap foreign currency at the rate of 42,000 rials per US dollar to import essential goods as per the budget laws of the fiscal years ending March 2020 and 2021.
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Publish Date:26/November/2020 | 16:00

2021-22 Budget Bill Forecasts Oil Export of 650,000 bpd

EghtesadOnline: The budget bill of fiscal 2021-22 has projected an export of 650,000 barrels per day of crude oil, the deputy head of Plan and Budget Organization said on Monday.
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Publish Date:18/November/2020 | 14:22

2021-22 Budget Bill Forecasts Oil Export of 650,000 bpd

EghtesadOnline: The budget bill of fiscal 2021-22 has projected an export of 650,000 barrels per day of crude oil, the deputy head of Plan and Budget Organization said on Monday.
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Publish Date:18/November/2020 | 14:22

Tehran Province Seeking Bigger Share of Budget

EghtesadOnline: Tehran Province has called for revising the current system of allocating provincial budget, so that factors like the provinces' population and living costs are taken into account.
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Publish Date:15/November/2020 | 15:32

Tehran Province Seeking Bigger Share of Budget

EghtesadOnline: Tehran Province has called for revising the current system of allocating provincial budget, so that factors like the provinces' population and living costs are taken into account.
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Publish Date:15/November/2020 | 15:32

Share Offers Here to Stay

EghtesadOnline: Government policy to sell stakes in state-run companies will continue to generate revenue for the next fiscal budget (March 2021-22), head of the Plan and Budget Organization said.
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Publish Date:19/September/2020 | 24:04