Seven collections gained over 80 percent of the estimates, such as land use fee of over 6,072 billion VND (up 45.3 percent, accounting for 86.4 percent of the estimation); personal income tax of 837 billion VND (up 40 percent, accounting for 97.3 percent of the estimation) …

The personal income tax is one of seven collections hitting over 80 percent of the estimation.

The budget collection earned positive results in the districts and city. Three localities exceeded the estimations, including Viet Yen with 2,281 billion VND (surpassing 5.6 percent), Tan Yen with 420.7 billion VND (exceeding two percent) and Yen The with 199.5 billion VND (exceeding 10.7 percent).

To increase the budget collection, in second half of this year, Bac Giang province synchronously implements tax management measures; strictly imposes solutions to expedite and handle debt collection as regulation; accelerates inspection to prevent tax loss.

Meanwhile, the competent agencies continue enhancing the quality and efficiency of communication, supporting taxation policy and law suitably and practically while following the principles of saving, financial and budget rules during public task execution.

Enterprises recover, well implement tax policy

(BGO)- Covid-19 pandemic outbreak in Bac Giang province in the middle last year adversely impacted operation of almost companies. However, thanks to the great efforts to overcome difficulties, several enterprises have recovered their production and business with dramatically increased turnovers and made positive contribution to the state budget.

6 out of 16 tax revenues in Bac Giang surpass from 5 to 37 percent against the same period

(BGO)- According to the Taxation Department of Bac Giang province, the total domestic tax revenue in Bac Giang province in the first 5 months this year is estimated at 6.619 trillion VND (285 million USD), up 6 percent against the same period last year and equal to 53 percent of the yearly tax estimate.

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.

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.

Vietnam to impose value-added tax waiver from February

Vietnam will cut its value-added tax by 2 percentage points to 8 percent starting Feb. 1 to boost recovery after two years of Covid-19 impacts.