Iran tax office says it met receipt target in 11 months to February
The Iranian National Tax Administration (INTA) says its receipts in the 11 months to late February had exceeded a target set for the calendar year to March 20.
INTA chief Davoud Manzour said on Tuesday that the government body had collected a total of 2,780 trillion rials ($10.69 billion) of tax in the 11 months to February 19, an increase of 61% in rial terms compared to the similar period over 2020-2021.
“The INTA has completely fulfilled its budget obligation for the current calendar year and a new record has been set in tax revenue receipts,” said Manzour.
The official said INTA’s direct tax receipt had also increased 56% year on year in March-February to a total of 1,680 trillion rials ($6.46 billion).
He said Iran will see a significant increase in tax receipts in the year to March 2023 with the implementation of technology-based systems that will help prevent tax evasion.
The Iranian government has sought to rely more on tax revenues over the past three years to compensate for financial losses suffered because of American sanctions on its crude oil exports.
Experts say a growth in business and manufacturing activity that has been caused by US sanctions on Iran has led to higher tax receipts for the INTA in the current calendar year.
Tax receipts are expected to increase over the next calendar year as the government plans to enforce a parliament legislation on taxing vacant homes and luxury goods.
Iran reports slight increase in mining sector exports in April-October
Immunity of Iran’s shipping industry to illegal sanctions
Iran parliament committee approves to lower car import tariffs
Diplomat discourages recourse to pressure, intimidation, confrontation against Iran
UN: 2024 deadliest year for aid workers amid genocide in Gaza
Gaza health official warns of hospital shutdowns within 48 hours
Israel kills 5 more paramedics in southern Lebanon: Health ministry
Iran to launch ‘new, advanced’ centrifuges in response to IAEA resolution: AEOI
Yemen fires hypersonic missile at Israeli airbase
VIDEO | New Delhi chokes under toxic smog as air quality remains at hazardous levels
VIDEO | Press TV's news headlines
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
