Budget collection started positively from the first months of the year

Thanh Cong Group's budget contribution in the first quarter accounted for over 80% of the non-state sector's contribution. In the photo: Production line of Hyundai Thanh Cong Automobile Factory, Gian Khau Industrial Park (Gia Vien).

Many revenues exceed the estimated schedule.

Right from the beginning of the year, one of the tasks that the Provincial People's Committee has directed strongly is the budget collection solutions. In particular, special attention is paid to exploiting potential revenue sources, promoting revenue management, preventing revenue loss and handling tax arrears. At the same time, strictly operating and managing budget revenue and expenditure, ensuring savings and efficiency.

According to comrade Ha Van Hieu, Deputy Head of the Tax Department of Region IV, in the first quarter of 2025, domestic revenue reached VND 4,367.3 billion, reaching 28.6% of the ordinance estimate, reaching 26.4% of the estimate assigned by the Provincial People's Council, equal to 127.5% of the same period. Of which, revenue from taxes, fees and charges reached VND 3,288.5 billion, reaching 27.3% of the estimate, equal to 116.9% of the same period; land use fee revenue reached VND 1,078.8 billion, reaching 33.7% of the ordinance estimate, reaching 24% of the estimate assigned by the Provincial People's Council, equal to 176.8% compared to the same period in 2024.

According to the results by locality, 6/8 units have achieved the state budget collection progress as per the assigned budget estimate (over 25% of the estimate). Of which, 8/8 units (departments under the Ninh Binh Tax Department before the arrangement and 7 district areas under 4 inter-district tax teams) collected taxes and fees exceeding the estimated progress assigned by the Provincial People's Council; 3/7 units exceeded the estimated progress assigned by the Provincial People's Council regarding land use fee collection.

By each revenue item and tax, 9/16 revenue items exceeded the assigned estimated progress (reaching over 25%): Revenue from local state-owned enterprises reached 52.1% of the estimate, up 53.9% over the same period; revenue from foreign-invested enterprises reached 42.0% of the estimate, up 29.7% over the same period; revenue from non-state enterprises reached 26% of the estimate, up 13.5% over the same period. Personal income tax reached 59.9% of the estimate, up 66.9% over the same period; registration fee reached 36% of the estimate, up 57.4% over the same period; revenue from fees and charges reached 42.1% of the estimate, up 50.4% over the same period; revenue from lottery activities reached 28.1% of the estimate, up 7.5% over the same period...

Notably, for the production and business sector (including state-owned enterprises, foreign-invested enterprises, and the industrial and commercial sector - non-state), revenue from the non-state enterprise sector reached VND 2,599.7 billion, equal to 26% of the estimate, up 13.5% over the same period in 2024. Thanh Cong Group alone paid VND 2,202.3 billion, accounting for 84.7% of the non-state sector's payment, up 11.7% over the same period in 2024. In addition, revenue from the household and individual business sector reached VND 16.9 billion, up 32.2% over the same period. This result is due to the fact that the tax sector is strengthening tax management for e-commerce business households, raising awareness of tax compliance of business households and individuals.

Notably, the notable point in the revenue at the beginning of this year is the land use fee collection reaching 1,078.8 billion VND, equal to 33.7% of the ordinance estimate, equal to 24% of the estimate assigned by the Provincial People's Council, up 76.8% over the same period. This revenue reached the progress of the ordinance estimate assigned because the real estate market since the beginning of this year has shown signs of being active again, so localities in the province have implemented auctions of land plots according to the plan smoothly.

In addition, personal income tax in the first quarter reached VND 230.7 billion, equal to 59.9% of the assigned estimate and increased by 66.9% over the same period. The amount of personal income tax paid exceeded the assigned estimate, increasing compared to the same period mainly from personal income tax from real estate transfers. Registration fee collection in the first quarter also reached VND 109.7 billion, reaching 36% of the assigned estimate, increasing by 157.4% over the same period. This revenue exceeded the assigned estimate and increased compared to the same period mainly from real estate registration fees because in the first months of 2025, the real estate market became active again, the number of land transactions increased compared to the same period; the remaining sources of registration fees from cars, boats, etc. showed signs of slight growth compared to the same period.

The Tax Department is strengthening tax management for e-commerce businesses.

Anticipate challenges to enhance solutions

Although the budget revenue in the first quarter exceeded the set scenario, in reality, the domestic and foreign economies have many potential challenges affecting businesses in the province, along with the tariff policies of the world market. Domestically, there are also changes in a number of tax exemption and extension policies in the second quarter of 2025.

According to the Tax Department of Region IV - Ninh Binh: Based on actual conditions and set targets, the Department has built a state budget revenue estimate with total domestic revenue in the area in the second quarter estimated at 5,800 billion VND, reaching 38% of the ordinance estimate, reaching 35% of the estimate assigned by the Provincial People's Council, equal to 92% over the same period.

To complete the task, the Tax Department of Region IV continues to closely monitor the progress of budget collection, evaluate and analyze each collection area, each collection area, each tax, focusing on economic areas and basic taxes to have timely revenue management and direction plans, and forecast monthly and quarterly revenue in line with actual occurrence.

Along with that, speed up the implementation of the tax system reform plan, continue to review and research to submit to competent authorities to amend and supplement institutions and policies to simplify administrative procedures, reform tax administrative procedures; review and standardize data on tax registration with errors to find solutions to complete the tax registration database.

Improve the quality of tax declaration management of taxpayers: automatically create and send notices urging and reminding taxpayers to submit tax declarations on the Tax Department's Electronic Information Portal; strengthen inspection and supervision of taxpayers' tax declarations from the beginning of the year, focusing on checking declarations with inconsistencies and business areas with potential signs of under-declaration of taxes.

Strengthen propaganda and dissemination so that individual taxpayers know the practical benefits of electronic tax payment, and at the same time provide instructions on how to do it via the Electronic Tax application on mobile devices (eTax Mobile); update information on changes in tax policies to propagate and guide taxpayers.

The industry continues to strengthen measures to strictly control tax declarations for businesses with large amounts of payments, sudden increases and decreases in revenue... to promptly detect cases of incorrect declarations, coordinate with businesses to promptly adjust according to the process, ensuring that 100% of tax declarations are controlled in accordance with regulations.

Article and photos: Nguyen Thom

Source: https://baoninhbinh.org.vn/thu-ngan-sach-khoi-dau-tich-cuc-tu-nhung-thang-dau-nam-844007.htm