Budget Act 1400
The budget law of 1400 in October 1999 was sent by sending circulars to all government agencies and departments and they were asked to adjust their budgets according to the policies set out in those circulars.
Accordingly, all of executive bodies are obliged to adjust their budgets based on the policies, financial regulations, and extensive budgeting guidelines about functions and attachments of the circulars.
What is the basis of the budget act for 1400?
Budget act aims to reform budget structure and general policies of resistive economy, population policy. This act is to perform the related actions with long-term approaches and with consideration to non-oil exportation and confronting with Corona virus outbreak. This act also aims to reduce the negative impacts on economy and accelerate the completion of capital asset acquisition plans with a progress approach, reform the budget structure, remove barriers to production, and facilitate business activity. Other issues that the act has considered is people’s livelihoods with priority given to the supply of basic goods and developing a model of public-private partnerships.
What should the executive bodies pay attention to in allocating the budget?
According to the previous paragraphs and countries plans for macroeconomics, it is necessary for all executive bodies to submit their proposed budgets in order to expedite the implementation of budget structure reforms and to implement the general policies of the resistance economy. In this proposed budget, unnecessary processes and factors disrupting economic growth should be eliminated and an approach to growth and improvement of the business environment should be provided, as well as solutions to increase public resources.
What are the consequences of not presenting a budget plan?
The country’s program and budget organization has a duty to prepare the executive document of that country if it does not receive the executive plan document from the government and executive bodies of the country. Obviously, the responsibility for presenting the proposed budget in the budget instructions by the executive bodies lies with the highest authority in that executive body.
What is clearance of goods?
Clearance of goods is one of the most important and necessary processes in trade and commerce. This process must be performed by the owner of the goods or his legal representative. This activity is a customs term for importation and exportation of goods, which is done in a multi-step process during a ceremonial process for the release of goods from customs. All these steps lead to the release of various goods from customs. Generally, the declaration of goods and the operation of releasing goods that have been entered to customs for importation or exportation is called goods clearance.
Who is a broker?
The persons who do the clearance of goods are called brokers. In order to do the clearance of goods as soon as possible, the brokers should be expert and skillful in this field. The clearance broker must be aware of all electronic and in-person clearance matters in order to be able to apply for clearance. Moreover, the broker must be aware of all taxes, customs duties, commercial profits, customs tariff sources, and some other customs facilities for importers and exporters.
According to the explanations provided, for the importation and exportation of any type of goods, the clearance process must be done in full compliance with the rules and regulations. In other words, for each type of goods declared at customs, all the processes related to the clearance of goods must be done according to the set standards.
Sultan Yaghoot Company
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