Banks will be fined 60 thousand billion tomans of silver

Rahnama, the CEO of the National Housing Fund, said: According to the law of housing production jump, banks must pay 360 thousand billion tomans for housing facilities this year, otherwise they will be fined.

He said: If the banks do not fulfill their obligations by the end of the year, they will be fined 20 percent of the tax and these fines will be deposited into the National Housing Fund.

The managing director of the National Housing Fund said: So far, less than fifty thousand billion tomans of facilities have been paid in the housing sector, and Housing Bank has been the most cooperative.

Rahnama said: If three hundred thousand billion tomans of the 360 ​​thousand billion tomans assigned to the housing sector are not paid, twenty percent of it will be collected from the banks as a tax penalty and deposited into the National Housing Fund.

In the fourth article of the Housing Production Jump Law, it is stated: Banks and non-banking credit institutions are obliged to allocate at least twenty percent of the payment facilities of the banking system every year at the interest rate approved by the Money and Credit Council to the housing sector, in such a way that in the first year of the implementation of the law from At least three million and six hundred thousand billion Rials of facilities for the units subject to this law should not be less, and for the coming years, the mentioned minimum facilities should be increased by increasing the percentage of Sadr al-Zekar in accordance with the annual inflation rate.

In Note 5 of Article 4, the country’s tax affairs organization is obliged to take a tax equal to twenty percent of the unfulfilled obligation from the disgruntled banks and credit institutions and deposit it to the country’s treasury if the banks do not cooperate; This amount is considered 100% allocated and deposited into the account of the National Housing Fund.