Regulate revenues, ensure grassroots mobilization

(Baonghean.vn) - In 2012, the decentralization of revenue sources and expenditure tasks of budget levels was basically stable as in 2011. However, to meet the requirements of balancing revenue and expenditure, encouraging all levels to operate and exploit revenue sources to meet the increasing expenditure requirements in the area, the People's Committee of Nghe An province increased the rate of regulating revenue items divided between budget levels.

Specifically: For value added tax, corporate income tax, other revenue from industry, trade, and non-state services of enterprises (except for units directly collected by the Provincial Tax Department): If the enterprise operates in Vinh City, the city will allocate 50% to the provincial budget, the city budget will enjoy 50%; for other districts and towns: 20% to the provincial budget, 50% to the city budget.

For individual business households: VAT and other taxes: Vinh City, Cua Lo Town enjoy 50%, ward, commune and town budget 50%. Other remaining districts and communes: Leave 100% for ward and town budget.

For urban land fees of districts, Vinh City, and towns: Provincial budget 70%; district, city, and town budget 20%, commune, ward, and town budget 10%. Regulating these revenues to all levels will help communes and wards have the conditions to invest in infrastructure, and take initiative in part of the budget in performing tasks.

The estimated budget revenue for 2012 is 6,080 billion VND, lower than the budget revenue for 2011. However, according to the Head of the Economic and Budget Committee of the Provincial People's Council, Mr. Vo Viet Thanh, this target is very positive in the context of the difficult economic situation in 2012, which has been and is strongly affecting Nghe An. If land use fees are deducted, domestic revenue will increase by 27% compared to the estimated implementation in 2011. Because the 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 has also requested the Provincial People's Committee to be cautious with land revenue, especially in the key rice fields of the province, and at the same time have drastic and effective solutions and measures to recover outstanding land use fees of projects and urban areas in the area.

Pearl