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Iran collected taxes worth 1014.7 trillion rials ($22.5 billion) in the last fiscal year (March 2016-17), registering a rise of 28.1% compared with the year before.
Iran collected taxes worth 1014.7 trillion rials ($22.5 billion) in the last fiscal year (March 2016-17), registering a rise of 28.1% compared with the year before.
Sunday, March 04, 2018

Share of Oil in Iran's General Revenues Falls From 46% to 34% in 6 Yrs.

President Hassan Rouhani’s economic strategy to reduce the dependency of the country’s finances on oil revenues has proved effective, as the government earned more through taxes than oil sales in the past two years
Tax revenues made up around 36% of the government’s total general revenues in the first 10 months of the current Iranian year (March 21, 2017-Jan. 20) compared with 44% in the same period of last year
Sunday, March 04, 2018

Share of Oil in Iran's General Revenues Falls From 46% to 34% in 6 Yrs.

The share of oil revenues in the government’s general revenues reduced from 46% six years ago (March 2012-13) to 34% last year (March 2016-17), Minister of Economic Affairs and Finance Masoud Karbasian said.
This has been made possible mainly as a result of increased tax revenues. President Hassan Rouhani’s economic strategy to reduce the dependency of the country’s finances on oil revenues has proved effective, as it is two years now the government is earning more through taxes than oil sales.
Chairman of Iranian National Tax Administration Kamel Taqavi-Nejad recently said the government earned 150% more from tax than from oil in the last fiscal year (March 2016-17).

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03/04/2018
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