Nghe An: 10 out of 16 tax revenue items met or exceeded the target.
(Baonghean.vn) - According to a report from the Nghe An Tax Department, in 2020, budget revenue in the province was estimated at 15,991 billion VND, with 10 out of 16 domestic tax revenue items meeting or exceeding targets.
Accordingly, the structuredomestic revenueThe majority of revenue was estimated at 14,791 billion VND, reaching 107.5% of the adjusted budget and 99.2% compared to the same period in 2019; import and export tax revenue only reached 1,200 billion VND due to the strong impact of the Covid-19 pandemic.
In terms of domestic revenue, excluding land use fees and lottery revenue, the remaining amount was 10,465 billion VND, reaching 94.9% of the adjusted budget and equaling 98.7% compared to the same period in 2019.
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| In 2020, the Covid-19 pandemic impacted industrial and service production activities in Nghe An province. (Photo: Archival image) |
Ten out of sixteen revenue items met or exceeded the adjusted budget estimates of the Provincial People's Council, specifically: Revenue from foreign-invested enterprises reached VND 250 billion, achieving 104.2% of the adjusted estimate, an increase of 6.6% compared to the same period; Non-agricultural land use tax reached VND 39 billion, achieving 102.6% of the adjusted estimate, equivalent to 93% compared to the same period; Personal income tax reached VND 620 billion, achieving 100% of the adjusted estimate, an increase of 7.6% compared to the same period; Environmental protection tax reached VND 2,200 billion, achieving 105.9% of the adjusted estimate, an increase of 12.5% compared to the same period;Land use fee collection4,300 billion VND, reaching 158.5% of the adjusted budget and equaling 100.5% compared to the same period last year;
Other revenue streams also exceeded targets: Revenue from mineral exploitation rights reached VND 215 billion, achieving 110.3% of the adjusted budget estimate and equaling 89.8% compared to the same period last year; Other budget revenue reached VND 450 billion, achieving 160.7% of the adjusted budget estimate, an increase of 22.9% compared to the same period last year; Commune budget revenue reached VND 50 billion, achieving 125% of the adjusted budget estimate, equaling 81.1% compared to the same period last year; Dividend and interest revenue reached VND 11 billion, achieving 556% of the adjusted budget estimate, an increase of 385.8% compared to the same period last year; Lottery revenue reached VND 25.2 billion, achieving 105% of the adjusted budget estimate, an increase of 8.3% compared to the same period last year.
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| Graphics: Lam Tung |
However, six revenue items are still expected to fall short of the adjusted budget estimates set by the Provincial People's Council:
Specifically: Revenue from centrally managed enterprises: VND 540 billion, reaching 72% of the adjusted budget estimate, and 74.8% compared to the same period last year; Revenue from locally managed enterprises: VND 110 billion, reaching 95.7% of the adjusted budget estimate, and 87.2% compared to the same period last year; Revenue from the non-state industrial, commercial, and service sector: VND 4,566 billion, reaching 90.1% of the adjusted budget estimate; Registration fees: VND 830 billion, reaching 92.2% of the adjusted budget estimate; Fees and charges: VND 255 billion, reaching 89.5% of the adjusted budget estimate, and 95.9% compared to the same period last year; Revenue from land and water surface leases: VND 329.7 billion, reaching 80.3% of the adjusted budget estimate and 95.8% compared to the same period last year.
