Remarkably, 7 out of 16 revenues this year are higher than the same period last year including the revenues from private economic sector, personal income tax, land and water surface lease fees, charges, non-agricultural land use tax, registration fee and other budget revenues. These revenues climbed from 10 percent to nearly 160 percent compared to the same period.

Employee of the provincial Taxation Department checks the revenues to accelerate the enterprises’ strict implementation.

2 out of 16 revenues from local state-owned enterprises, land and water surface lease fees soared from 23 to 51 percent against the Central’s full-year estimate.

The above results have been gained in the first months this year thanks to good control of Covid-19 pandemic in the province. Thus, the enterprises have concentrated on recovering and accelerating production to increase income. Many businesses invested with modern production chains and machines to enhance labour productivity.

In addition, most of the economic activities have recovered helping to increase workers’ income. The real estate market becomes robust with more transactions than the period amid the pandemic; therefore, several individuals have contributed personal income tax to the state budget.

Besides, the provincial Taxation Department has implemented a number of solutions to support enterprises in e-tax declaration and payment and accelerate organizations and individuals to pay land lease fee while fostering propaganda about the Law on personal income tax for strict obedience.

Q1 personal income tax collection up 20 percent

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Environment tax reduction on fuels to come into life from April 1

Environmental protection tax rates on fuels will be reduced from April 1 under the National Assembly (NA) Standing Committee’s resolution recently signed off by NA Chairman Vuong Dinh Hue.

Bac Giang to apply e-invoice for tax payers since April 1

(BGO) - Under the direction of the Government and Ministry of Finance on applying electronic invoice (e-invoice) for enterprises, economic organizations, household businesses and individuals in 57centrally-run provinces and cities from April this year, the taxation department of Bac Giang province is paying attention to implementation of this task.

Lawmakers approve environmental tax cut on gasoline

The Standing Committee of the National Assembly Wednesday approved a government proposal to cut environmental tax on gasoline by half as prices surge.

Dialogue seeks to settle businesses' obstacles related to tax policies

The Ministry of Finance (MoF) recently held a dialogue on tax and customs policies with the Republic of Korea (RoK)’s firms in both in-person and virtual forms.