Regulate revenue collection and ensure grassroots mobilization.

(Baonghean.vn) - In 2012, the allocation of revenue sources and expenditure tasks of the budget levels remained basically stable compared to 2011. However, to meet the requirements of balancing revenue and expenditure, and to encourage all levels to operate and exploit revenue sources to meet the increasing expenditure requirements in the province, the People's Committee of Nghe An province increased the rate of revenue sharing between budget levels.

Specifically: For value-added tax, corporate income tax, and other taxes of non-state-owned industrial, commercial, and service enterprises (excluding those directly collected by the Provincial Tax Department): If the enterprise operates in Vinh City, the city allocates 50% to the provincial budget and 50% to the city budget; for other districts and towns: 20% to the provincial budget and 50% to the city budget.

For individual business households: VAT and other revenues. Vinh City and Cua Lo Town receive 50%, the budget of the ward/commune/township receives 50%. For other districts and communes: 100% is retained by the budget of the ward/commune/township.

Regarding land revenue from urban areas in districts, Vinh City, and towns: 70% from the provincial budget; 20% from the district/city/town budget; and 10% from the commune/ward/township budget. Dividing these revenues among different levels will help communes and wards invest in infrastructure and proactively manage some of the funding for their tasks.

The projected budget revenue for 2012 is 6,080 billion VND, lower than the 2011 budget revenue. However, according to Mr. Vo Viet Thanh, Head of the Economic and Budget Committee of the Provincial People's Council, this figure is very positive given the difficult economic conditions in 2012, which have been and are strongly affecting Nghe An province. If land use fees are excluded, domestic revenue increased by 27% compared to the estimated figure for 2011. This is because revenue from land use fees in 2012 will not be equal to that of 2011. The Economic and Budget Committee of the Provincial People's Council also requested the Provincial People's Committee to be cautious with land-related revenues, especially in key rice-growing areas of the province, and to implement decisive and effective measures to recover outstanding land use fee debts from projects and urban areas in the province.

Pearl