Tax sector sees 10.7% rise in State budget revenue in four months
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Particularly, domestic tax and fee collection was 478.43 trillion VND, up 7% year on year.
The department said that 25 out of the 63 localities completed over 40% of State budget projection for this year, while 26 others finished 30-40% of the plan and 12 reported under 30%.
In the Jan-April period, the total amount of tax and land rent exempted or reduced was about 25.5 trillion VND.
The department said that policies on exemption and reduction of taxes, fees, charges, and land rental have helped promptly remove difficulties for businesses and people, contributing to ensuring macro-economic stability, controlling inflation, and supporting production and business recovery.
It said that in the rest of the year, the tax sector will keep a close eye on the domestic and world economic developments, analysing impact from fiscal and monetary policies that other countries are applied on the health of domestic enterprises, thus warning the risks and giving advice to the Ministry of Finance and the Government on responding measures so as to ensure the State budget revenue for the whole year.
At the same time, the sector will show stronger performance in implementing support packages to help businesses remove difficulties and create sustainable income sources for the State, while designing new packages.
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