Iran And South Korea Chamber Of Commerce Official Website

Taxation accounts for nearly half of Iranian government revenues in Q1

Tax revenues accounted for 48% of all government revenues in the first quarter of the current fiscal year (started March 21), the Iranian National Tax Administration reported.

Tax revenues accounted for 48% of all government revenues in the first quarter of the current fiscal year (started March 21), the Iranian National Tax Administration reported.  

According to Article 44 of Iranian Constitution, all current expenses of the government are to be sourced from revenues gained from taxes and duties, while oil and gas revenues are to be invested in civil development projects.

From the total tax revenues, INTA says, 28.9% were spent on pension funds and payments to retirees; 24.5%) on providing security; 0.5% on the Islamic Republic of Iran Broadcasting (Iranian state-controlled media); 16.6% on remuneration of government employees; 7.8% on expenses of national organizations; 11.1% on payment of the government’s share in employees’ retirement and 4% to the Foundation of Martyrs and Veterans. Meanwhile, 2.9% were allocated to provinces, 12.6% to education in provinces and the Ministry of Education, whereas 1.1% were spent on other expenses.

Sunday, 31 July 2022 12:05