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The fiscal revenue and expenditure in 2018 are in good working condition: the implementation of tax reduction and fee reduction is effective

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from

CCTV news: from

 Today the Ministry of Finance announced the full year of fiscal revenue and expenditure in 2018. Although from the perspective of fiscal revenue, it still maintains a growth rate of 6.2%, but in the case of large-scale implementation of tax reduction and fee reduction, China's fiscal revenue structure has undergone significant changes.

from

Li Dawei, deputy inspector of the Treasury Department of the Ministry of Finance: from

 Affected by the tax reduction and fee reduction policies, the national tax revenue growth rate dropped by 2.4 percentage points over the previous year, and the national non-tax revenue decreased by 4.7%.

The fiscal revenue and expenditure in 2018 are in good working condition: the implementation of tax reduction and fee reduction is effective -The-fiscal-revenue-and-expenditure-in-2018-are-in-good-working-condition-the-implementation-of-tax-reduction-and-fee-reduction-is-effective

According to tax classification, domestic value-added tax increased by 20.1% and 13% in the first and second quarters respectively, and fell to 2.2% and 0.5% in the third and fourth quarters. The tariff increased by 6.3% in the first quarter and decreased by 6 in the second, third and fourth quarters respectively. 4%, 2.1%, 17%; personal income tax increased by 20.7%, 19.9%, 23% in the first, second and third quarters respectively, and decreased by 2.7% in the fourth quarter.

The fiscal revenue and expenditure in 2018 are in good working condition: the implementation of tax reduction and fee reduction is effective -1548248643_397_The-fiscal-revenue-and-expenditure-in-2018-are-in-good-working-condition-the-implementation-of-tax-reduction-and-fee-reduction-is-effective

From the perspective of tax structure, the tax growth rate of industrial manufacturing industry slowed down year-on-year, and the tax rate of service industry increased slightly year-on-year.

from

Li Dawei, deputy inspector of the Treasury Department of the Ministry of Finance: from

 In 2018, among the national tax revenues, the tax revenue of the secondary industry increased by 7.4% year-on-year, and the growth rate slowed down by 4.7 percentage points over the previous year. The tax revenue of the tertiary industry increased by 10.5% year-on-year, and the growth rate was 0.6 percentage points higher than that of the previous year.


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