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Tax Income to Public Budget, Expenditure Ratio Improves

Budgetary goals on tax revenues were realized by 102% and tax income increased by 29% in the last fiscal year (March 2019-20) compared with the year before to reach 1,411 trillion rials ($5.23 billion)
Tax Income to Public Budget, Expenditure Ratio Improves Tax Income to Public Budget, Expenditure Ratio Improves

Tax revenues to government public budget resources increased from 35.1% in the year ending March 2019 to 37.5% in the year ending March 2020, as tax revenues to current expenditure ratio also improved from 2.45% to 8.47% during the fiscal 2019-20. 
The data were stated in a report by the public relations office of the Ministry of Economic Affairs and Finance on policies, operational plans and achievements of the Iranian National Taxation Administration over March 2019-20.
Budgetary goals related to tax revenues were realized by 102% and tax income increased by 29% in the last fiscal year (March 2019-20) compared with the year before to reach 1,411 trillion rials ($5.23 billion), ILNA cited the ministry’s report as saying. 

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