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Xinjiang Will Invest 1 Billion 600 Million Yuan In New Resources Tax To The People's Livelihood.

2010/12/22 17:54:00 39

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In the first half of this year, the Ministry of finance,

State Administration of Taxation

The notice on the issues concerning the reform of crude oil natural gas resources tax in Xinjiang was issued. Since June 1st, Xinjiang has implemented the crude oil and natural gas resource tax ad valorem, with a tax rate of 5%.

Xinjiang Autonomous Region

Land tax

Bureau statistics show that in the first 8 months of this year, Xinjiang's resource tax increased by 99.1%, and by the end of the year, the amount of resources tax increased to 1 billion 600 million yuan.

In accordance with the requirements of the autonomous region, this part of the new revenue will be used for people's livelihood.

Xinjiang autonomous region tax bureau responsible person, according to the decision of the regional government,

resource tax

Part of the increase will be used in this year's Autonomous Region Party committee and the people's government to raise the level of living allowance for retirees, as well as subsidies and subsidies for cadres and workers at all levels.

The official said that as the country's earliest resource tax reform, Xinjiang's resource tax revenue has shown a significant growth trend.

From 1 to August this year, land tax revenue increased by 34% over the same period last year, and the actual increase was over 5 billion.

It is estimated that by the end of the year, the total revenue will exceed last year, and this fund will be more used to develop the economy and improve people's livelihood.

In October 21st, the Finance Department of Xinjiang Autonomous Region announced that the total expenditure for the people's livelihood in the first three quarters reached 63 billion 930 million yuan, an increase of 11 billion 60 million yuan over the same period last year, an increase of 20.9% over the same period last year.

The expenditure for people's livelihood is mainly used to guarantee bilingual education in the whole area, medical cooperation in new agricultural and pastoral areas, new rural social endowment insurance, aseismic housing projects and key livelihood projects such as the "three rural" projects.

Since the beginning of this year, the Xinjiang autonomous region has made great efforts to adjust the expenditure structure according to the arrangements made by the Central Committee and the Autonomous Region Party committee and the people's government, strictly compressing general expenditures and concentrating financial resources to improve people's livelihood.

It is reported that the fiscal expenditure policy in the future will further reflect the principle of financial funds tilting to the people's livelihood and maximize the people's benefits from reform and development.