Collecting 16.400 billion vnd through financial inspections

VCN – On 18 December, 2016, Mr. Tran Van Vuong  - Chief of Inspectorate of the Ministry of Finance stated that: in 2016, the Financial Inspection Force detected and suggested to handle on finance nearly 34.300 billion vnd.
collecting 16400 billion vnd through financial inspections 11 Ministries urged to amend documents on specialized inspections
collecting 16400 billion vnd through financial inspections Customs enhances examination and inspections of construction glass
collecting 16400 billion vnd through financial inspections Customs clearance of automobiles after the results of specialized inspections
collecting 16400 billion vnd through financial inspections

The Customs system deployed 9,678 internal inspections and post clearance audits. Photo: H.V

Particularly, the Inspectors of the Ministry of Finance and specialized inspectors under the Ministry of Finance carried out 88,119 inspections and audits; and inspections for 853,819 tax declaration records at the Tax authorities and inspections for anti-smuggling and chaired to arrest 15,810 cases of smuggling.

Through the inspections, 34,295.62 billion vnd discovered and proposed to be handled on finance. In which, collecting, handling administrative violations and proposing to submit to the State budget 25.900 billion vnd; reducing cost estimates and the allocation of 696.36 billion vnd; diminishing the accounting settlement and not paying the expense of 293.58 billion vnd and making other financial proposals of 7,364.6 billion vnd

Until December, 2016, the implementation of proposals on financial handling of the inspections and audits collected 16.400 billion vnd.

The units also proposed the Ministries, departments, localities and competent authorities to build, amend and supplement the mechanisms to perform well the provisions of the law on finance and budget.

Especially Customs, the General Department of Customs proactively established and deployed internal inspections on the basis of direction of the Ministry of Finance and key tasks of the Customs sector in accordance with the actual situation.

The units in Customs carried out 9,678 internal inspections and post clearance audits; and chaired to inspect and prevent smuggling; and arrested and handled 15,810 cases.

collecting 16400 billion vnd through financial inspections Ho Chi Minh City: Focusing on smuggled goods inspection from the gate to the market

VCN - In order to stabilize the market and prevent smuggled or counterfeit goods in the peak ...

Mr. Vuong added: The amount proposed to submit to the State budget in 2016 was nearly 8.500 billion vnd, of which the amount submitted to the State budget in 2016 was 6,121.2 billion vnd (including amounts proposed in 2015)

By Hong Van/ Huyen Trang

Related News

Ministry of Finance summarizes the 10-year implementation of the Resolution of the 8th meeting of the 11th Central Committee

Ministry of Finance summarizes the 10-year implementation of the Resolution of the 8th meeting of the 11th Central Committee

VCN – On March 27, Mr. Tran Tuan Anh, Member of the Political Bureau, Chairman of the Central Committee's Economic Commission, and member of the Steering Committee for developing summary project, attended and directed the summary conference of the 10-year implementation of the Resolution of 8th meeting of the 11th Central Committee on the Strategy to Project the Fatherland in the New Situation of Ministry of Finance. The conference was attended by Mr Ho Duc Phoc, a member of the Central Committee, Secretary of Designated Representation, Minister of Finance and other members of Party Designated Representation of Ministry of Finance, comrades of the Central Committee of Ministry of Finance.
Promoting cooperation and strategic partnership between Vietnam and Australia

Promoting cooperation and strategic partnership between Vietnam and Australia

VCN - Minister of Finance Ho Duc Phoc had a meeting and working session with Mr. Andrew Goledzinowski, Australia’s Ambassador to Vietnam and the Australian delegation at the headquarters of the Ministry of Finance on March 23, 2023. The two sides discussed the contents of cooperation in the financial field and a number of issues of mutual interest.
Review, perfect regulations on decentralization of public property management

Review, perfect regulations on decentralization of public property management

VCN - The Ministry of Finance has sent an official letter to ministries, central and local agencies on improving legal documents under the power for promulgation of ministries, central and local agencies on the management and use of public property.
Customs sector launches performance indicators

Customs sector launches performance indicators

VCN – To implement Decision No. 766/QD-TTg approving performance indicators for directing and assessing the service quality to people and businesses in electronically implementing administrative procedures and public services in real-time, the General Department of Vietnam Customs (GDVC) has requested units to perform thereby clearly defining the tasks.

Latest News

Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion, equaling 30.9% of the estimate, up 5.3% over the same period in 2022.
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

More News

In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Consider raising the level of penalties to ensure fairness and transparency in the stock market

Consider raising the level of penalties to ensure fairness and transparency in the stock market

VCN - Mr Pham Hong Son, Vice Chairman of the State Securities Commission, discussed solutions to improve the capacity, improve fairness and transparency of the stock market.
Central bank cuts policy interest rates to spur growth

Central bank cuts policy interest rates to spur growth

The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.
Ensure policies to attract investment when implementing global minimum tax

Ensure policies to attract investment when implementing global minimum tax

VCN - On the afternoon of March 30, in Hanoi, the Ministry of Finance held a regular press conference in the first quarter of 2023, chaired by Deputy Minister of Finance Nguyen Duc Chi. Many issues related to the tax field were discussed and answered at the conference.
SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

The State Bank of Vietnam (SBV) has suggested the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.
Solutions to attract FDI when implementing the global minimum CIT

Solutions to attract FDI when implementing the global minimum CIT

VCN - On March 29, the Vietnam International Arbitration Center (VIAC) and the Center for International Integration, the Ho Chi Minh City Institute for Development Studies, jointly held a seminar on Global Minimum Corporate Tax – outlook and challenges in attracting foreign investment (FDI) in Ho Chi Minh City.
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

VCN – The promulgation of Vietnam's Decree on Vietnam's special preferential import tariff to implement the Vietnam-Cuba Trade Agreement for 2022-2027 creates a stable and open legal framework, facilitates import and export activities, brings expected great benefits to the business community of the two sides, promote two-way trade turnover and develop Vietnam-Cuba trade relations.
Being many "hot" issues at the general meeting of shareholders of banks

Being many "hot" issues at the general meeting of shareholders of banks

VCN - International Commercial Joint Stock Bank (VIB) will be the first bank to hold a general meeting of shareholders this week, and then April will be the "peak" for banks to deploy.
Bringing the policies on reducing land rent and water surface rent into life

Bringing the policies on reducing land rent and water surface rent into life

VCN - The tax sector is drastically implementing dissemination and support to make the policy of reducing land rent and water surface rent in 2022 fully effective.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion,
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.
In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Mobile Version