tag majlis

Majlis Concedes to MCC Role in Sanctioning Loans

EghtesadOnline: The Money and Credit Council, the top banking and monetary decision making body, will have the final say on loans ordered by the Majlis, Mohammadreza Pourebrahimi, head of the Majlis Economic Commission, told the IRIB news agency on Saturday.
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Publish Date:13/March/2022 | 18:28

Majlis Raises NDFI Share in Energy Export Income

EghtesadOnline: The Majlis on Sunday approved provisions of the next fiscal budget bill that require the government to set aside a bigger share of energy export revenue for the National Development Fund of Iran, the sovereign wealth fund.
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Publish Date:22/February/2022 | 16:19

Majlis to Probe Dramatic Decline in Stock Market

EghtesadOnline: Lawmakers on Tuesday approved a proposal from the Majlis Economic Commission to investigate the historic stock market decline plus the performance of its regulator, the Securities and Exchange Organization.
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Publish Date:03/November/2021 | 14:03

Majlis Insisting on Selling Cars via IME

EghtesadOnline: The Majlis is insisting on opening the Iran Mercantile Exchange to car sales, a spokesman for the parliament’s Industries and Mines Commission said.
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Publish Date:02/August/2021 | 14:10

Iran: Majlis Enters the Crypto Fray

EghtesadOnline: The growing interest in investments in cryptocurrencies among Iranians has raised Majlis concerns with the speaker on Thursday calling on financial authorities to exercise caution in dealing with the controversial issues related to cryptocurrencies.
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Publish Date:15/May/2021 | 11:53

Majlis to Decide on Opening ECO Bank's Office in Tehran

EghtesadOnline: The Rouhani administration has submitted a bill to the parliament that allows ECO Trade and Development Bank to open a representative office in Tehran to help expand ties between Iran and members of the ten-nation Economic Cooperation Organization.
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Publish Date:07/April/2021 | 24:36

Majlis Allows Banks to Invest $3b in Megaprojects

EghtesadOnline: The specialized and commercial Iranian banks were allowed by Majlis to extend financial facilities worth a maximum $3 billion to finance development plans and key infrastructures.
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Publish Date:02/March/2021 | 20:06

Majlis Approves Gov’t Bond Program

EghtesadOnline: The Majlis on Tuesday accepted sections of the March 2020-2021 budget bill related to ways and means the government and state-run companies can raise funds via the debt market.
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Publish Date:24/February/2021 | 20:19

Majlis Sets $8b Subsidy Cap for Importing Basic Goods

EghtesadOnline: The Majlis on Monday restricted the government’s ability to use subsidized foreign currency for importing basic goods in the next fiscal year that begins in March.
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Publish Date:23/February/2021 | 17:23

Commission Drafts Bill to Cut Production Tax by 5%

EghtesadOnline: Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill as well as the five-year economic development plans, has put forth a bill that would reduce tax on production from 25% to 20%.
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Publish Date:18/January/2021 | 15:38

State Banks Can Recapitalize

EghtesadOnline: The Majlis Joint Commission has made an amendment to the 2021-22 fiscal budget bill based on which state banks can increase capital by up to 100 trillion rials ($400 million) by selling nonfinancial assets.
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Publish Date:06/January/2021 | 18:55

MRC: 62% of Gov’t Employees Among Top 3 Income Deciles

EghtesadOnline: Majlis Research Center, the research arm of Iranian Parliament, cast serious doubt over a 25% pay increase for civil servants proposed by the government in the budget bill for the next fiscal year (March 2021-22).
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Publish Date:01/January/2021 | 17:34

Iranian Rial Revaluation Crosses One Hurdle

EghtesadOnline: The Majlis Economic Commission on Wednesday approved the provisions of a monetary bill based on which four zeros will be shaved off the national currency.
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Publish Date:29/February/2020 | 07:13

Reformists Seeking High Turnout in Majlis Vote

EghtesadOnline: Despite the disqualification of a large number of reformist hopefuls, an Iranian lawmaker said the reformist camp is intent on increasing voter participation through advocating for the inclusion of candidates from all sides of the political spectrum in the upcoming parliamentary election.
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Publish Date:28/January/2020 | 11:00

Majlis Commission Votes to Raise Marriage Loan

EghtesadOnline: The Majlis Joint Commission has approved an increase in marriage loans given to newlyweds, the Minister for Sports and Youth Masoud Soltanifar said.
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Publish Date:20/January/2020 | 13:39

Commission Approves Income Tax Exemption Rates

EghtesadOnline: The Majlis Joint Commission has decided that government employees who earn less than 360 million rials ($2,769) per year will be exempted from paying income tax as of the next Iranian year (starting March 20, 2020).
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Publish Date:05/January/2020 | 06:06

Bankers Prefer CBI Fix Banking Reforms

EghtesadOnline: Bankers prefer the Central Bank of Iran take charge of a long-awaited plan for reforming the outdated banking sector. The call was made in a recent letter to Majlis Speaker Ali Larijani following ratification of the “Comprehensive Islamic Banking Bill” earlier this month.
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Publish Date:30/December/2019 | 24:48