Tax revenue falls by MNT 182.7 billion - News.MN

Tax revenue falls by MNT 182.7 billion

Old News! Published on: 2015.12.14

Tax revenue falls by MNT 182.7 billion

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The Mongolia National Statistics Office of has provided social and economic data for the first eleven months of 2015. The Social Incurance fund has provided payments and benefits of MNT 135.6 billion to 192,700 people. The number of the people, on social insurance has reduced by 5.1% (10,400 people), and the amount of benefit payment being made has increased by MNT 7.4 billion (5.8%).

Total taxation revenue fell by 4%, MNT 182.7 billion, in comparison to 2014. The reduction has been caused by the MNT 318.6 billion of the value added tax, MNT 51.9 billion income tax, and MNT 33.2 billion of the foreign operation income.

Revenue from excise tax has increased by 29.5%, MNT 121.7 billion, from social insurance increased by 6.8% MNT 58 billion, and from other tax es by MNT 32.6 billion.

 

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