BUSINESS Updated at 10:02:12 10/13/2020  (Views:  97 )
Binh Thuan

Binh Thuan’s state budget collection realized VND 7,759 bln in 2020’s 9 months

BTO- Despite many difficulties due to the impact of the Covid-19 pandemic, Binh Thuan’s tax sector finished state budget collection in September with VND 792 billion, bringing the nine-month budget collection to VND 7,759 billion, accounting for 72.2% of the whole year’s estimate.

Over the past months, production and business activities of local enterprises have been affected by the pandemic, plus the adjustment of policies in terms of budget collection under the Government’s Decree No.41 on extending the time limit for paying taxes and land rent fees.. to support enterprises, individual business households affected by Covid-19 pandemic, tax collection has reduced 24% compared with that of last year. In particular, the domestic collection reached VND 5,911 billion, performing 77.3% of the year’s estimate, a reduction of 17.2% against the same period in 2019. However, 9/18 collection terms posted higher figures than the average rate. Among 10 localities, Duc Linh, Tanh Linh and Phu Quy districts reported increases in state budget collection compared with those of the same period last year.

Translated by Phuong Lan (Source: Binh Thuan Newspaper)

 

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