A group of home appliance shop owners hold a protest in downtown Tehran against a plan by the Iranian Ministry of Finance to levy tax on their banking transactions.
They are also angry at tax on their shops which they say show a multi-fold rise compared with last year.
Footage posted online shows some businessmen shouting chants after closing their shops in protest and demanding others follow suit.
Also in the central city of Arak, some 200 businessmen of the city’s bazaar gathered outside the tax department for a rally.
READ MORE: Iranian economists warn about consequences of government policies
The new tax plan was put in place to prevent tax evasion and reduce the printing of money without backing. If approved, the plan will require the levy of tax on transactions that are worth more than 5 billion tomans.
Some say the businesspeople of Tehran and other cities are angry because of a rise in the dollar exchange rates.
Experts say the rise in the rates are due to psychological effects.
The Iranian Central Bank says it has increased supply of the US dollar to the market to control the exchange rates.
Kamal Kharrazi, the head of Iran's Strategic Council on Foreign Relations and an advisor to…
Iran's President Massoud Pezeshkian has reaffirmed the Iranian government's commitment to completing the North-South transit…
An artistic event titled Autumn-Leaf was held in Meydan Mashgh, within Iran’s Foreign Ministry’s premises…
North Korea is preparing to deploy additional troops, weapons and other military equipment, including drones,…
Foreign Ministry spokesman Esmaeil Baqaei has stated that a fresh round of talks between Iran…
Zhaleh Olov, a celebrated actress of Iranian cinema, theater, television, and a renowned radio voice…