Finance - Banking

For the first time, Cam Giang district estimated annual budget revenue to exceed 1,000 billion VND.

PV December 15, 2024 09:04

In 2024, for the first time, Cam Giang district (Hai Duong) will collect an estimated budget of over 1,005 billion VND.

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In 2025, Cam Giang will strengthen coordination to strictly manage civil construction activities, contributing to increasing budget revenue.

Cam Giang district's state budget revenue in 2024 is estimated to reach over 1,005 billion VND, 2.36 times higher than the plan assigned by the province and exceeding 67% of the plan set by the district at the beginning of the year, an increase of 65% compared to 2023. Of which, the tax sector collected over 979 billion VND; the rest is mobilized contributions and public land for compensation and site clearance.

Revenues with significant growth include non-state tax revenue estimated at over VND143 billion, more than double the assigned estimate and up 44% over the previous year; registration fees estimated at VND38 billion, exceeding the assigned estimate by 9%; personal income tax estimated at over VND25 billion, exceeding the assigned estimate by 89% and up 45% over the same period last year.

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Personal income tax with contributions from specialized agricultural export growing areas

In addition, revenues from state-owned enterprises, foreign-invested enterprises, other budget revenues, commune revenues, fees and charges, land rents, non-agricultural land use taxes, etc. all increased.

Land use fee collection alone reached 700 billion VND, 2.55 times higher than the assigned estimate and increased by 81% in 2023.

In 2025, Cam Giang district strives for a total budget revenue of nearly 1,271 billion VND, of which the district budget revenue will reach over 813 billion VND.

The district strengthens management and collection of budget arrears; reviews and manages the establishment of tax sets for business households; focuses on coordination to manage budget collection and payment from real estate business activities, private transportation, civil construction, e-commerce activities, etc.

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For the first time, Cam Giang district estimated annual budget revenue to exceed 1,000 billion VND.