New Budget Bill Expects $17.5 Billion in Tax Revenues

The government expects to earn 5,270 trillion rials ($17.5 billion) in tax revenues in the next fiscal year (March 2022-23).
The target is part of the budget bill submitted by President Ebrahim Raisi to the parliament on Dec. 12.
For the first time, the budget counts on taxing all owners of cars valued over 10 billion rials ($33,333) as well as owners of houses worth more than 100 billion rials ($333,333).
The National Iranian Tax Administration earned 1,980 trillion rials ($6.6 billion) from taxation during the first eight months of the current fiscal year (March 21-Nov. 21), the head of the organization, Davoud Manzour, said recently.