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Recent Tax Measures Approved by MPs Under Scrutiny

tax
tax

Finding new tax bases is one of the parliament’s key tools to tackle budget deficit in the next fiscal year (starting March 21). 
Taxing cars worth more than 10 billion rials ($39,323), houses worth more than 100 billion rials ($393,236), tax on the income of influencers in social media with more than 500,000 followers, and celebrities who earn upwards of 2,000 million rials ($7,864) annually are the latest decisions made by lawmakers regarding taxation. 
However, the members of the parliament caught a lot of flak for another decision: they granted tax exemption to academics (university teachers) and judges as per the budget bill for fiscal 2021-22. 

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