Tuesday, September 2, 2014   

(2014-15 Budget) Fiscal surplus at HK$12b for 2013-14
(02-26 12:32)

Financial Secretary John Tsang Chun-wah forecast a surplus of HK$12 billion, with the fiscal reserve at HK$745.9 billion by March 31, 2014.
The revenue last year is estimated at HK$447.8 billion, 2.9 percent more than the original estimate. Revenue from profits tax dipped 8.8 percent to HK$11.5 billion from the original estimate. Salaries tax, meanwhile, raised 7.8 percent to HK$4 billion.
Land sales brought the government HK$84.1 billion in revenue for the fiscal year of 2013-14.
Expenditure, meanwhile, is expected to be HK$435.8 billion, which is HK$4.2 billion last than the original estimate.
   
Other Hong Kong breaking news:
Govt designates areas for marine parks (09-01 17:30)
Pan-democrats angry at NPC (09-01 17:24)
Primary One application forms available on Wednesday (09-01 16:11)
Activists to keep fighting against China vote decision (09-01 14:30)
Beijing would not be swayed: Li (09-01 12:40)
Li heckled by protesters (09-01 12:08)
Ip expects 6 months of unrest (09-01 11:51)
Heavy security for Li Fei at Asia Expo (09-01 11:50)
Names wanted for panda triplets (08-29 19:12)
'Police prepared for civil disobedience' (08-29 19:12)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.