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Tax Income Surges by 65% to Over $9 Billion in 10 Months

Income from VAT stood at 1,000 trillion rials ($3.77 billion) while that of direct taxation was at 1,510 trillion rials ($5.69 billion)
Tax Income Surges by 65% to Over $9 Billion in 10 Months
Tax Income Surges by 65% to Over $9 Billion in 10 Months

The National Iranian Tax Administration earned 2,510 trillion rials ($9.47 billion) in tax income during the first 10 months of the current fiscal year, according to its deputy head.
“The figure registers a 65% rise compared with last year’s corresponding period,” Mohammad Masihi was also quoted as saying by Fars News Agency.
“Income from VAT stood at 1,000 trillion rials [$3.77 billion] while that of direct taxation amounted to 1,510 trillion rials [$5.69 billion]. A total of 1,925 trillion rials [$7.26 billion] in tax were collected in the last fiscal year [ended March 20, 2021], indicating a 37% increase compared with the year before.” 

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