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Tehran Province Revenues at $2.5b in 8 Months

Dec 31, 2018, 3:40 PM
News ID: 27723

EghtesadOnline: Tehran Province earned 260 trillion rials ($2.5 billion) in revenues during the first eight months of the current fiscal year (March 21-Nov. 21), indicating a 12.5% rise compared with the similar period of last year.

According to the Revenues Department of Tehran Governorate, 93% of these revenues were gained from taxation, Tehran Chamber of Commerce, Industries, mines and Agriculture's news outlet reported.

Direct tax revenues, including tax on non-governmental legal entities, private sector companies and real-estate agencies, hovered around 134 trillion rials ($1.3 billion) while indirect taxes, including value added tax, tax on cigarette sales and departure tax, stood at 119 trillion rials ($1.15 billion), according to Financial Tribune.