Friday, November 11, 2016

Tien Giang fulfils 2016 state budget collection

The southern province of Tien Giang has fulfilled state budget collection for 2016, two months ahead the year’s schedule, said Mr. Phung Van Minh, Deputy Head of the provincial Department of Taxation.
Photo for illustration. (Source:
Photo for illustration. (Source:
Accordingly, by early November 2016, Tien Giang collected over VND4.189 trillion for the state budget, up 0.86% from the estimate or a year-on-year rise of 29.5%. The collection was mainly from foreign-invested area, land use right granting, land hiring, environmental protection tax, and individual income tax.
Go Cong town and Co Cong Tay district are among the localities with budget collection reaching or exceeding the estimate.
So far, 3,883 enterprises in the locality have implemented online tax declaration and payment.
Tien Giang was assigned to fulfil VND4.154 trillion of domestic tax collection, including VND3.123 trillion in provincial area and over VND1.030 trillion in districts, city and towns.
The province is expected to collect over VND4.94 trillion from tax in 2016, up 8.92% of the year’s estimate or up 27.5% over a year earlier./.


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