Iran's H1 Tax Income Up 62% to $4.9b

A total of 1,380 trillion rials ($4.9 billion) in tax revenues were collected over the first half of the current fiscal year (March 21-Sept. 22), indicating a 62% increase compared with the corresponding period of last year, Mohammad Masihi, the deputy head of the Iranian National Tax Administration said on Wednesday. 
“Tax collection reached 101% of the government’s revenue targeted in the Budget Law of fiscal 2021-22, because of focusing on key tax cases, monitoring of suspicious banking transactions, combating shell companies under a tax evasion program, implementing Article 97 [acceptance of self-declaration of tax returns of nearly 50% of economic players] and enhancing tax processes,” he was quoted as saying by ISNA.
INTA earned 30 trillion rials [$107 million] from stock market trading over the six-month period compared with 100 trillion rials [$357 million] in H1 fiscal 2020-21,” the official added.