Baku, Azerbaijan, March 12
By Gazenfer Hamidov – Trend:
The Iranian government’s total tax revenues amounted to 797.7 trillion rials (each USD makes 37,500 rials) during the first 10 months of the current fiscal year (started March 20, 2017).
The figure is 6.8 percent more compared to the same period of the preceding year, the country’s Central Bank said.
Iranian administration earned 368.8 trillion rials from direct and 428.9 trillion rials from indirect taxes during the first 10 months of the current fiscal year (March 20, 2017-Jan. 20).
The country’s revenue from taxes is projected to hit 1,164.6 trillion rials by March 2018, according to the current year's budget.
The Iranian government’s revenues through imports reached 117,300 billion rials during the 10-month period, 30 percent more year-on-year.
The predicted import tax revenues in budget for the same time period was 145,700 billion rials, which indicates that the forecasted incomes materialized by 80 percent.
Iran imported $42.8 billion worth of goods during the 10-month period, which indicates a 22 percent rise in terms of value, compared to the same period of the preceding year.
Iran’s budget foresees 173,800 billion rials of revenues through import taxes for the current fiscal year (to end on March 2018).
The Iranian government’s revenue through car imports has registered a fall by 26.4 percent during the first 10 months of the current fiscal year (March 20-Jan. 20).
Meanwhile the country’s car imports during the same period witnessed a rise by 5 percent to $1.5 billion.
The government revenues of car import taxes stood at 9,700 billion rials, which is significantly below the forecasted figure (27,000 billion rials).
Only 36 percent of the envisaged revenues via car imports have been realized during the 10-month period.
Meanwhile the country’s revenue from car import taxes is projected to hit 32,200 billion rials by March 2018, according to the current year's budget.