Many local budget revenues are quite good in comparison with estimates

5/63 locally-made localities achieved budget estimates (over 32%). Internet Photos.

Remarkably, the progress of local budget revenue has basically reached the estimate and increased over the same period last year.

Four-month budget revenue was estimated at 32.7% of the budget

In which the domestic gathering in April obtained 89,7 thousands of billion VND, equivalent with 32, 9 percents of estimation which increased 15,7 percents, comparison with the same period of the year 2016. The domestic gathering in April attained 33,4 percents of estimation, increasing 12,3 percents compared to the same period of the year 2016 exception of gathering money of land use, dividend, interest left, the shares owned by state and lottery operations

According to evaluation of Ministry of Finance, in general, the progress of revenues is uneven, some progress receipts were quite high compared to estimates, such as: Income from the non-state sector was 34.4% of the estimate; personal income tax collection reached 40.7% of the estimate; charge and fee collection (including registration fee) reached 37.1% of the estimate. In addition, the revenues on home and land reached 50.3% of estimates; revenue from lottery activities reached 56.4% of the estimate.

However, there are still some revenues that have not ensured the budget schedule, such as: Income from foreign-invested enterprises reached 31.7%, Estimates, collection of environmental protection taxes reached 28.6% of estimates, revenues from public land funds, yields and public assets in the commune reached 27.2% of estimates, other budgets reached 30.9% of estimates, In particular, revenues from state enterprises were only 24.1% of the estimate, the main cause is due to low economic growth in the early months of the year (GDP growth in the first quarter of 2017 only 5.1%, the lowest in the last 3 years) Some industries have a large revenue contribution to the low growth budget.

At the same time, the progress of budget collection of localities basically reached the estimate and increased over the same period last year. It is estimated that there are 45/63 localities in the locality receiving the budget estimate (over 32%), of which 25 localities collected over 36% of the estimate; 51/63 local revenue is higher than the same period, the revenue of 12 localities is lower than the same period.

t is known that in order to achieve the above results, from the beginning of the year, tax authorities have resolutely implemented the collection through the review, understand the objects and budget revenues in the area; At the same time, to inspect the tax declaration and finalization in order to correctly and fully collect and remit the collected tax amounts into the state budget.

In addition, tax authorities have implemented debt management solutions and enforcement of tax debt collection; Strengthen the inspection and examination of taxes for enterprises. According to statistics, the tax authorities have conducted inspections on more than 6.1 thousand enterprises, the total tax increased to the state budget nearly 3.6 trillion; urge to collect nearly 7.8 trillion tax debt as of 31/12/2016 transferred. Over time, the tax office has continued to speed up administrative procedures reform, modernization of revenue collection, enhancement of information connection and coordination of collection with banks; facilitate more businesses, taxpayers ...

Make sure your expenses are on schedule

Total state budget expenditure in April was estimated at 108.4 trillion VND; Accumulated expenditures in four months were estimated at VND393.38 trillion, equaling 28.3% of the estimate, up 9.8% over the same period of 2016. In which: expenditure on development investment reached 68.56 trillion, equaling 19.2% of estimate, up 20%; Interest payments reached 36.7 trillion, equaling 37.1% of the estimate, up 10%; Regular expenditures were 287.35 trillion VND, equaling 32.1% of the estimate, up 7.4% over the same period in 2016.

According to the Ministry of Finance, spending tasks in April and 4 months are guaranteed in accordance with the budget and implementation progress of investors and units using the budget, in time to meet in the time of disaster recovery tasks, restoration of production, ensuring national defense and security, the implementation of social security policies. Particularly for the implementation of capital construction investment in 4 months is estimated at 18.8% of the estimate (the same period in 2016 reached 18%). However, the implementation of the budget allocation of public investment expenditure in 2017 is still slow.

Up to 15/2/2017, there are still 13/45 ministries, central agencies and 7/63 localities have not deployed to allocate capital to each project). For government bond funds in 2017, the National Assembly has not approved the list and the level of capital for each project, so the budget has not been assigned to ministries, central agencies and localities for implementation.

It is known that in the coming time, the Ministry of Finance will continue to strictly implement financial discipline - state budget, striving to increase revenues, save money to reduce state budget overspending. At the same time, the Ministry of Finance will closely control the advance and transfer of regular expenditures, state budget revenues and expenditures must be implemented according to estimates; Strengthening supervision and disclosure of transparency and use of state budget.