Hanoi tax department strives to achieve 2021 revenue goal
The Hanoitimes - The achievement of the city’s tax revenue target is of great importance to the country’s total.
Hanoi will implement many programs to increase turnover from tourism, agriculture, information technology and businesses in order to achieve the tax revenue target in 2021, according to Secretary of the Hanoi Party Committee Vuong Dinh Hue.
|The achievement of the city’s tax revenue target is of great importance to the country’s total. Photo: Cong Hung|
Speaking at a recent meeting with the Hanoi Tax Department, Hanoi Party Chief Vuong Dinh Hue said that the city’s tax revenue last year was excellent. Notably, the collection from 30 districts achieved and exceeded the 2020’s estimate, of which nearly 93% came from the domestic revenue.
In 2020, the city’s total tax revenue reached VND265.9 trillion (US$11.5 billion), or 102.1% of the estimate, up 5.9% compared to 2019, according to data from the municipal Tax Department.
“Hanoi's domestic revenue alone accounts for 21% of the country's total domestic revenue. Therefore, the achievement is of great importance to the country’s state budget revenue,” said Deputy Minister Ha.
Overcoming the difficulties caused by Covid-19, in 2020, the tax collection of Hanoi exceeds the assigned estimate.
In 2021, the Hanoi Tax Department is assigned to collect VND216.8 trillion (US$9.3 billion) worth of tax revenue, a number which is lower compared to the realized figure in 2020. The Deputy Minister set out a request to the municipal Tax Department in 2021 to strive to exceed the 2020 estimate.
This year, the Covid-19 pandemic is forecast to continue expanding; tax evasion, smuggling and commercial fraud will be increasingly sophisticated, requiring the Hanoi tax authority to continue promoting the reform, modernization and application of information technology, creating all favorable conditions to increase revenue sources and find solutions for budget revenue loss.
According to Mr. Mai Son, Director of the Hanoi Tax Department, in 2021, the department is determined to deploy eight groups of solutions to well perform six key tasks and strive to successfully complete the task of tax collection.
In particular, the tax authority will also continue to deal with tax arrears, ensuring that the tax arrears ratio will not exceed 5% of total budget revenue.
- Hanoi committed to further supporting enterprise development in 2021
- Exhibition "Our Great Party" opens
- Results needed to build trust among public: Hanoi Party chief
- Hanoi to restrict downtown traffic during National Party Congress
- Another strong cold spell chills Hanoi and northern Vietnam
- Hanoi GRDP growth could go up to 8% in 2021
- Hanoi to host 10th Gymnastics & Sports Games Congress
- Nhon-Hanoi station metro line showed to the public in February
- Hundreds of people fined for disobeying face mask rules in Hanoi
- Hanoi sets up management board for its Old Quarter
Hanoi to invest at least 1% of GRDP in sci-tech by 2025
Vietnam Airlines, Humane Society International join hands to save rhinoceros
Vietnam tourism develops unique, unusual tours to lure visitors in 2021
Vietnam to mobilize all forces for National Assembly election
Party Central Committee plenum completes preparation for 13th Congress
An overseas Vietnamese: Covid-19 infected, in lockdown and the desire to fly back home
Hanoi to host 10th Gymnastics & Sports Games Congress
Vietnam applies IT in imported goods quality control
Samsung Vietnam to recover its growth target after pandemic