Gov’t floats doubling tax exemption for next year
The Iranian government has proposed doubling tax exemption under next Iranian year (to start March 21, 2025) budget bill, as announced by Fatemeh Mohajerani, the government spokeswoman.
Speaking on the sidelines of a cabinet meeting on Wednesday, she put the current figure for tax exemption ceiling at 120 million rials ($200) per month which according the draft of the budget bill for next year will rise to 240 million rials 240 million ($400), IRNA reported.
The draft of budget bill will be finalized soon by the government for submission to the Parliament, Mohajerani noted.
She went on to say that the details of the budget bill will be announced by the head of the Plan and Budget Organization (PBO) in a press conference or through a televised program.
“In the budget drafted by the government, it is emphasized that special attention should be given to livelihood, health and education, which are the basic needs of all Iranians,” the spokeswoman stated.