Oil is the largest income after tax reform

Ministry of Finance recently announced that at the October national fiscal revenue growth of 28.4% the same month last year, which is "China this year, oil consumption tax, income after tax reform more," and other factors.

    Ministry of Finance said that from January to October this year, China's consumption tax rose 83.8%, excluding oil tax reform and the cigarette excise tax increase policy adjustment factors, the actual growth of 7%. This means that, after the oil income tax reform is the bulk of domestic consumption tax.

   At 0:00 on the on November 10, China's refined oil prices raised the fifth year. Notify the State Development and Reform Commission, gasoline and diesel prices were increased 480 yuan per ton. Measure to the retail price of 90 # gasoline and 0 # diesel (the national average) increased by 0.36 yuan per liter and 0.41 yuan. Fuel prices rose 320 yuan per ton.

    From this weekend, purchase airline tickets need to increase by 20 yuan or 50 yuan for fuel surcharge.

    Treasury data show that in October revenue was 684.493 billion yuan nationwide, compared with same month last year 151.598 billion yuan. Ministry of Finance explained that this month, rapid income growth, in addition to the steady rise of the economy along the related revenue growth, mainly due to decline in revenue last year in October, a low base this year, oil consumption tax, income after tax reform and other factors more .

    Ministry of Finance said that from January to October this year, total, national fiscal income 5.83638 trillion yuan, 408.799 billion yuan more than last year, an increase of 7.5%. In the major revenue items, the domestic value-added tax fell 1.5%, personal income rose 4.6%.

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