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Home News TAXES AND FEES CONTRIBUTE TO THE INCREASE IN BUDGET REVENUE

TAXES AND FEES CONTRIBUTE TO THE INCREASE IN BUDGET REVENUE

 

Ulaanbaatar /MONTSAME/. The equilibrated revenue of the general government budget reached MNT 10.0 trillion, increased by MNT 1.5 trillion compared to the same period of the previous year. The increase in budget revenue was mainly due to the increase in other taxes and fees by MNT973 billion. Also:

  • Social insurance income increased by MNT 499 billion,
  • VAT increased by MNT670 billion.

However, it showed MNT 386.0 billion decreases in income taxes revenue, and MNT 14.8 billion decreases in excise taxes revenue respectively.  

 

Source: https://montsame.mn/en/read/304600

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