Domestic Economy
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Tax Income Hit $6.6b in 8 Months

The 50% rise in tax revenues may appear considerable compared to last year’s similar period, but the economy is experiencing hyper-inflation rates of above 40%
Tax Income Hit $6.6b in 8 Months
Tax Income Hit $6.6b in 8 Months

The National Iranian Tax Administration earned 1,980 trillion rials ($6.6 billion) from taxation during the current fiscal year’s first eight months (March 21-Nov. 21), says the head of the organization, Davoud Manzour.
The revenues show a 50% rise compared with last year’s similar period during which INTA earned 1,314 trillion rials ($4.38 billion at the current exchange rate).
Although the rise may appear considerable, the economy is experiencing hyper-inflation rates of above 40%, ILNA reported.

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