Wednesday, September 12, 2012

In August the national finance income grows 4.2% central finance ...

Xinhua news agency, Beijing, September 11 report (reporter Xu Rui, Han Jie)Ministry of Finance11 released data show, August, national finance income 786300000000 yuan, year since the low speed growth, year-on-year growth of only 4.2%.Notably, the central finance income appears first negative growth this year, growth rate fell 6.7%. Local level income 409800000000 yuan, grow 16.8% compared to the same period.Ministry of Finance said this month, finance income amplitude continues fall after a rise, especially the central fiscal revenue to drop more, mainly by the slowdown in economic growth, prices rises a fall after a rise, corporate profits decline, to implement a structural tax reduction effect. In addition, there are special Petroleum Proceeds Treasury way to change and the upper and lower annual enterprise income tax rebate incommensurable factors.In August, finance income tax income 661800000000 yuan, grow 7.2% compared to the same period. Non tax income 124500000000 yuan, down 12900000000 yuan, down 9.4%. Among them, the central non-tax revenue decrease compared to the same period 36600000000 yuan, down 58.7%, is mainly affected by the special petroleum proceeds to effect change over to the treasury.The main categories of taxes from income situation, August, decrease compared to the same period 16700000000 yuan, down 8.5%; domestic consumption tax 65300000000 yuan, an increase of 11.2%; business tax 108200000000 yuan, grow 15.2% compared to the same period; enterprise income tax 72900000000 yuan, grow 47.2% compared to the same period;Personal income tax42000000000 yuan, drops 13.2% compared to the same period; import value-added tax, consumption tax 117500000000 yuan, drops 4.4% compared to the same period; duty 23600000000 yuan, grow 1.7% compared to the same period.From 1 to August accumulative total, national finance income 8233000000000 yuan, grow 10.8% compared to the same period. Before 8 months, the national fiscal revenue growth rate than the same period last year dropped 20.1Percentage pointsThe increase in tax revenues, which dropped 19.4 percentage points year-on-year.Expenditure, August, countrywide financial defray 902000000000 yuan, grow 11.7% compared to the same period. From 1 to August accumulative total, countrywide financial defray 7244000000000 yuan, grow 21.8% compared to the same period. Among them, the central expenditure 1211100000000 yuan, a year-on-year increase of 14.4%; local fiscal expenditure 6032900000000 yuan, grow 23.4% compared to the same period.

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