BAKU, Azerbaijan, October 23. The tax revenues of the state budget in the next Iranian year (from March 21, 2025, through March 20, 2026) will be increased by 39 percent compared to the current year (from March 20, 2024, through March 20, 2025), the draft budget submitted by the Iranian government to the parliament said, Trend reports.
Tax revenues are expected to reach 17 quadrillion rials (about $38.3 billion) in next year's state budget. However, the current year's state budget tax revenues stand at 12.2 quadrillion rials (about $27.5 billion).
Next year, Iran's state budget envisions customs revenues of 2.64 quadrillion rials (about $5.94 billion), income from shares in state-owned companies of 600 trillion rials (about $1.35 billion), and earnings from the government's property in the communications sector of 260 trillion rials (about $585 million).
Iran's state budget for next year will bring government revenues from ownership of mines to 550 trillion rials (about $1.24 billion), revenues from sales of products and services to 606 trillion rials (about $1.36 billion), and other revenues to 1.1 quadrillion rials (about $2.47 billion).
To note, Iranian President Masoud Peseshkian presented the state budget of Iran for the next year to the parliament on October 22. Iran's state budget next year (from March 21, 2025, through March 20, 2026) is expected to be a total of about 119 quadrillion rials (about $268 billion) in terms of resources and expenditures.