Reported by HPMM Group according to FINANCIAL TRIBUNE ; As the 700 delegates from 203 jurisdictions of the Financial Action Task Force Global Network are discussing issues surrounding the security of the global financial system, all eyes are on the Paris meeting awaiting the final decision of the global anti-money laundering group on Iran that […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Iranian Parliament decided on Saturday that companies with losses exceeding half of their capital will be exempt from taxation on capital increase through revaluation of fixed assets. The measure, once implemented, can help a number of financially struggling companies stand on their feet, with one […]
Encouraging the issuance of innovative debt instruments through regulatory support is considered a major step forward taken by the Securities and Exchange Organization of Iran In 2016 alone, 11% of the total market value worth around $7 billion were distributed as dividend payout, which could be considered a remarkable domestic resource for further financing large […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran has signed memoranda of understanding and protocols pertaining to monetary agreements with 10 countries, the Central Bank of Iran’s head of Exports Department said. Addressing the First Conference on Financing Exports in Tehran on Sunday, Samad Karimi added that apart from finance and refinance deals, […]
Newly-issued foreign currency bonds are meant to “manage the market” and that more bonds will be issued in the future “to move toward a formal foreign exchange market Reported by HPMM Group according to FINANCIAL TRIBUNE ; With its foreign exchange package now in full swing, the Central Bank of Iran says it is aiming […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Financial Action Task Force–the global anti-money laundering group–met in Paris, France, on Sunday for discussing issues vital to the integrity, safety and security of the global financial system. According to the group’ s website, the meetings will bring together over 700 delegates from 203 jurisdictions […]
A major deal signed on Saturday was a lease agreement, based on which Iran is leasing a part of Chabahar’s multipurpose and container terminal for 18 months for the Indian side to take over operations of existing port facilities Afghanistan plans to export to India through Iran’s Chabahar Port Reported by HPMM Group according to […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Members of parliament on Saturday approved a measure determining the share of the National Development Fund of Iran from all oil and gas export revenues in their latest open session on Saturday to decide on the articles of the fiscal 2018-19 budget law. The measure passed […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The government earned 150% more from tax than from oil in the last fiscal year (March 2016-17), the chairman of Iranian National Tax Administration said. Kamel Taqavi-Nejad made the statement on the sidelines of the First Global Conference on Platform for Collaboration on Tax held at […]
Indian investments in rupees will get converted into Iranian rial through banking mechanism allowing investments from India, including in the Chabahar Port complex An agreement on India’s role in Phase-1 of Chabahar Port is expected to be signed on Saturday Reported by HPMM Group according to FINANCIAL TRIBUNE ; India, for the first time beyond […]
