30% of VAT Revenues  for SMEs
30% of VAT Revenues  for SMEs

30% of VAT Revenues for SMEs

30% of VAT Revenues for SMEs

As per the sixth five-year development plan (2017-22), 30% of government revenues earned from value added tax will be used to shore up small- and medium-sized enterprises, according to the head of Iran’s Small Industries and Industrial Parks Organization, Ali Yazdani. Iran’s development plans outline government strategies in its budget planning for the next five years. The approval of the sixth plan has been delayed by a year. Yazdani noted that SMEs account for 53% of the jobs created and 10% of exports in the industrial sector, IRNA reported. According to Gholamreza Soleymani, the deputy head of the organization, exports by Iranian SMEs during the nine months to December 20 amounted to $1.6 billion.


Short URL : https://goo.gl/wgIbfo
  1. https://goo.gl/pw6PQD
  • https://goo.gl/XryaXA
  • https://goo.gl/p11xDS
  • https://goo.gl/Swnb7d
  • https://goo.gl/ThaaUG

You can also read ...

President Rouhani Officially Inaugurates Tabriz 2018
A glittering ceremony attended by President Hassan Rouhani was...
E-Jing GT electric sports car concept
The Beijing International Automotive Exhibition is a barometer...
Audi Recalling 1.16 Million Vehicles
Volkswagen AG’s luxury unit Audi said on Tuesday that it was...
Bank Branches Shrink
Iranian banks have shrunk by 0.3% in the previous quarter...
In its meeting on Tuesday, the Money and Credit Council, headed by CBI Governor Valiollah Seif, approved further cuts to interest rates levied on Housing Savings Account.
Iran's highest financial decision-making body has approved...
While Iran currently produces about 400,000 tons per year of aluminum, consumption is around 600,000 to 700,000 tons.
Iran is on track to launch a new aluminum smelter early next...
A host of high-level officials, including several ministers, CBI Governor Valiollah Seif and two deputies of President Hassan Rouhani were present at the meeting on April 25. 
Iran’s First Vice President Es’haq Jahangiri on Wednesday...
Pensions Account for Biggest Share of Treasury Payments
Payments to the Civil Servants Pension Organization accounted...

Add new comment

Read our comment policy before posting your viewpoints