Tuesday, January 27, 2015   

China's Jan-Feb fiscal revenue rises 11.1pc
(03-13 16:00)

China's fiscal revenue climbed 11.1 percent year on year in the first two months of 2014 to reach 2.49 trillion yuan, the Ministry of Finance said on Thursday.
Central government revenue reached 1.18 trillion yuan, up 9.2 percent year on year. Local government revenue stood at 1.32 trillion yuan, up 12.9 percent from the same period last year.
Of the total, revenues from domestic value-added tax gained 8.9 percent to 524 billion yuan, while those from domestic consumption tax increased 6.3 percent to 197.8 billion yuan, the ministry said.
Revenue from income tax for enterprises and individuals rose 12.4 percent and 30.7 percent year on year to reach 478.1 billion yuan and 177.2 billion yuan respectively.
The country's fiscal expenditures in the first two months rose 6 percent from one year earlier to 1.7 trillion yuan, the ministry said. --Xinhua   
Other Business breaking news:
Ericsson profits drop as North America demand slumps (1 hr 48 mins ago)
Sony delays earnings after 'The Interview' cyberattack (1 hr 53 mins ago)
China levies consumption tax on batteries, paint (2 hrs 12 mins ago)
British economy grows by 2.6% in 2014, 0.5% in Q4: data (2 hrs 15 mins ago)
European stocks slip at open (2 hrs 50 mins ago)
Hang Seng ends lower (01-27 17:07)
Siemens confirms 2015 outlook, Q1 in line with expectations (01-27 17:07)
Nikkei finishes higher (01-27 14:32)
Hang Seng down at midday (01-27 12:33)
Nikkei jumps by break (01-27 11:22)

More breaking news >>

© 2015 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 2015, 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.