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Approvals Of MJ
Thursday 14 December 2017

Press Office of the House of Elders

21st November 2017

The House rejects the proposed Taxation of Tobacco Revenue and approved the House Opinion concerning the Budget.

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In today’s Session, the House of Elders rejected the proposal approved by the House of Representatives concerning 100% taxation rate be placed upon the tobacco revenues, and approved the House consultative opinion regarding the draft financial budget for the fiscal year 1397.

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During the Session, which was chaired by the Speaker of the House and included the Finance Minister, Senators discussed and presented suggestions related to the budget for the fiscal year 1397 and approved it after seeking counsel and consultation with the Finance Minister.

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