Economy, Domestic Economy
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36% Rise in Iran's Cigarette Tax Revenues

36% Rise in Iran's Cigarette Tax Revenues  36% Rise in Iran's Cigarette Tax Revenues

The government earned 2.5 trillion rials ($17.48 million) from cigarette tax in the first five months of the current year (March 21-Aug. 22).

The figure indicates a rise of 36.6% compared with the same period of last year, the latest data released by the Central Bank of Iran show.

Revenues from cigarette tax, which is a subcategory of indirect tax on goods and services, were estimated to hover around 2.2 trillion rials ($15.38 million) in the five-month period.

The target set in the budget law for the current year’s revenues from cigarette tax is 5.3 trillion rials ($37.06 million). 

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Financialtribune.com