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Budget revenue is prospering

Update: 29-05-2013 | 00:00:00
Reportedly, the first quarter’s revenue of provincial enterprises was VND162,713 bln and equivalent to 110.8% compared to last year, involving export revenue was VND49,759.4 bln equaled to 110.9%. Previously, FDI enterprises led the revenue source, at the present turnover of private businesses increases strongly by VND72,924.4 bln equaled to 118.2% over last year. Provincial total budget revenue of the first quarter achieved 100% target. UNICOL (Binh Duong Garment Company) keeps growing domestic market share, fulfilling payment to the State budget Revenue exceeded estimationProvincial total budget turnover of first three months was VND5,013.5 bln reached 103.4% of General Tax Department allocation, and equaled to 130.3% over last year. There were 4/7 Tax branches accomplishing estimates: Thuan An town 101.3%, Ben Cat district 115.9%, Tan Uyen district 112.2%, Dau Tieng district 151.3%, and 4/5 Tax inspection offices collecting exceedingly Tax Bureaus allocation. Particularly, the first quarter revenue regarding to central state-owned enterprises (rubber, electricity, and telecommunications) was VND254.9 bln attaining 28.3% of the whole year’s revenue, and equivalent to 376.6% compared to last year. Local state-owned enterprises occupied VND372.5 bln reaching 22.6% and were equal to 126.4% over last year. FDI companies had first quarter revenue of VND1,652.5 bln accomplishing 27.5% and was equal to 150.4%. Private business sector was VND1,175.2 bln reaching 23% and equivalent to 127%. Others revenue including VND781.8 bln (27.6%) personal income tax and VND208.1 bln (20.8%) of land tax…Solutions for accomplishmentPositive budget revenue stems from early attention on tax collecting of the Tax Bureau. Additionally, estimations of the whole year and first quarter were allocated to tax branches; target budget revenue of 2013 was registered with General Tax Department. On the other hand, leaders of Tax Bureau constructed plans and put forward solutions of governmental Resolution No. 01/NQ-CP, Resolution No. 02/NQ-CP implementation. Especially, in the first quarter, they also transferred 714 businesses to 3 tax branches concerning Thu Dau Mot City branch receiving 220 businesses, Thuan An town branch 238 businesses and Di An town 256 businesses.The entire tax sector is now aggressively implementing approaches to accomplish targets of the second quarter and whole year. However, there are still many difficulties. Hence, the tax sector will focus on solutions such as: reviewing revenue sources, managing and timely collecting arising tax arrears, reinforcement of controlling and preventing tax losses, especially in the field of non-state business sector, managing revenue of land.Reported by Bao Anh – Translated by Ngoc Huynh
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