- Iranian lawmakers approved the general outlines of the upcoming fiscal year’s budget bill.
- The budget includes reducing VAT to 10% from the proposed 12%.
- The revised budget was previously approved by a parliamentary commission.
- The bill will now go to specialized committees for detailed review.
Source: financialtribune.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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