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No Cigarette Tax Hike Next Year
No Cigarette Tax Hike Next Year

No Cigarette Tax Hike Next Year

No Cigarette Tax Hike Next Year

Cigarette tax will remain unchanged as approved by Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill proposed by the government before its final ratification. The previous version of the next fiscal budget bill (March 2018-19) opted for a 350-rial (0.76 cents) increase in the duty for retail prices of locally and jointly produced Iranian cigarettes and a rise of 500 rials (1 cent) in retail duty of imported cigarettes, ISNA reported.

 

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