EghtesadOnline: Based on the experience of countries that succeeded in absorbing foreign direct investment, incentives such as tax exemption, investment guarantees and customs facilitation play an important role in encouraging foreign investors.

EghtesadOnline: Lawmakers in the Iranian Parliament approved on Saturday income tax exemption for civil servants who earn less than 20 million rials (about $530) a month.

EghtesadOnline: As decided by Majlis Joint Commission last week, Iranians with an annual income of less than 240 million rials ($6,220) will be exempt from paying income tax in the next Iranian year (March 2017-18), the commission’s spokesman said.