Azernews.Az

The Iranian government's tax incomes increased by 22 percent from $2.62 billion based on the official rate of 24,760 rials per $1, from March 21, 2003 to $14.17 billion in the last solar year ended March 20 which has surpassed predicted figures of Iran's development plan, the Jahanesanat newspaper reported.

Some $10.50 billion taxable income had been predicted to be earned in the year end of the fourth National Development Plan ended on March 21, 2009. However, the figure reached $12.11 billion which is 155 per cent more than the predicted value.

The tax revenues are expected to meet 80 percent of the government's current expenses budget in the Iranian solar year ended March 21, 2009, but this plan realised only 31 per cent.

According to the plan, it had been predicted the value of government's current expenses would reach $12.92 billion, but the figure was raised to $23.99 billion during that year.

During the following years, the share of taxable income in meeting the government's current expenses decreased even more and in last solar year taxable income met just 21 per cent of the estimated amount.

Increasing inflation and liquidity during these years are also reasons rising taxable incomes, the report said.

Iran's inflation rate in the past month increased to 32 per cent compared to same period in the last solar year.