Total state budget revenue is estimated to reach 76.2% of the estimate.
In the last months of the year, budget revenue must reach 11.9%/month, while the average revenue for 10 months is 7.6%...
The Ministry of Finance has just reported on the implementation of financial and state budget tasks in October 2012.
Accordingly, in October 2012, the State Treasury mobilized: 14,995 billion VND, equal to 491.6% compared to the same period in 2011 (14,995/3,050 billion VND). From the beginning of 2012 to the end of October 2012, the State Treasury mobilized a total of 115,883 billion VND in government bonds, equal to 96.56% of the adjusted capital mobilization plan for 2012 (120,000 billion VND) and equal to 180.8% compared to the same period in 2011 (64,080 billion VND).
Total state budget revenue is estimated to reach 76.2% of the estimate.
With the above-mentioned management solutions, the state budget revenue and expenditure activities still achieved some results: (1) total state budget revenue is estimated at 76.2% of the estimate; (2) total state budget expenditure is estimated at 78.8% of the estimate, disbursed state budget investment capital is about 76.2% of the estimate, disbursed government bond capital is about 75.3% of the plan assigned by the Prime Minister; through the work of monitoring and controlling expenditures, the State Treasury has discovered over 46,300 expenditures of 21,200 units that have not complied with the prescribed procedures and regimes; temporarily suspended payment of over 606 billion VND; (3) the balance of the central budget (NSTW) and local budgets is ensured; NSTW has increased the progress of support for some localities with difficulties (Hai Duong, Quang Nam, Binh Phuoc, Vinh Long) to ensure sources to meet spending needs. However, compared to the plan, the state budget collection situation is still very difficult. To complete the state budget collection plan for 2012, in the remaining 2 months of 2012, the financial sector still has to collect 23.8% of the plan, that is 11.9% of the plan each month, while the average collection for 10 months is only 7.6% of the plan. Therefore, in the last 2 months of the year, the budget collection task is still the number 1 important task for the entire financial sector.
By the end of October 2012, nearly 17,375 billion VND of tax and state budget revenue had been exempted, reduced, and extended for businesses, including: extending about 11,125 billion VND of VAT for the months of April, May, and June 2012 for about 190,000 businesses; extending 3,327 billion VND of corporate income tax debt for about 77,300 businesses; extending nearly 2,470 billion VND of land use fees for over 340 businesses; reducing 50% of land rent in 2012 for about 3,610 businesses, with a reduction of 445 billion VND; exempting and refunding business license tax in 2012 for 33,510 seafood fishing and salt-making households, with an amount of about 10 billion VND.
Continuing to implement solutions to remove difficulties for enterprises, implementing Resolution No. 67/NQ-CP dated October 5, 2012 of the regular Government meeting in September 2012, the Ministry of Finance issued Circular No. 175/2012/TT-BTC dated October 22, 2012 guiding the continued extension of 03 months for the value added tax payable in June 2012 that has been extended for enterprises that are subjects specified in Resolution No. 13/NQ-CP.
The Ministry of Finance has reviewed, researched, supplemented and adjusted policies on taxes, fees and collection regimes to encourage exports, control imports, limit trade deficit and be consistent with integration commitments./.
According to (vov.vn) - LT