What is Nsnn – Troubleinthepeace


State budget means all revenues and expenditures of the State which are estimated and realized within a certain period of time decided by a competent state agency to ensure the performance of functions and tasks of the State budget. Government.

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Concept

State budget means all revenues and expenditures of the State which are estimated and realized within a certain period of time decided by a competent state agency to ensure the performance of functions and tasks of the State budget. Government.(Clause 14, Article 4 of the Law on State Budget 2015).

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State budget (State budget) includes 2 types:

Local budget: means state budget revenues decentralized to the local level to enjoy, additional revenues from the central budget for local budgets and state budget expenditures falling under the spending tasks of the local level. Central budget: are state budget revenues decentralized to the central level and state budget expenditures that fall under the spending tasks of the central level.

State budget revenues

All revenues from taxes and fees; All fees collected from service activities performed by state agencies. fees collected from service activities performed by public non-business units and state-owned enterprises and remitted to the state budget in accordance with law; non-refundable aid from the governments of other countries, overseas organizations and individuals for the Vietnamese Government and local authorities; Other revenues as prescribed by law.

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Expenditures from the state budget

Expenditure on development investment: building roads, bridges for hospitals, schools, etc.; Spending on national reserves: supplementing to the state reserve fund and financial reserve; Recurring expenses: salaries of officials and employees , spending on national security,…;Debt payment: paying domestic loans, foreign loans, aid loans,..;Aid spending: giving aid to people suffering from natural disasters, floods, etc. .;Other expenses as prescribed by law.Recommendations of Everest Law Firm:Articles in the above field are made by lawyers and experts of Everest Law Firm, Ltd., for the purpose of scientific research or dissemination of legal knowledge, and are not for commercial purposes. The knowledge or opinions of experts are cited from reliable sources. At the time of quoting these contents, we agree with the author’s views. However, you should only consider this information for reference, because it may only be the personal opinion of the writer. In case you need to answer questions about related issues, or need legal advice for For a specific case, please contact an expert, lawyer of Everest Law Company Limited via Legal Advice Call Center: 1900 6198, E-mail: info

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