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Economy/Business
23 January 2019, 20:49

More than 0.5 trillion rubles of taxes and contributions were collected in Bashkiria

UFA, 23 January 2019. /Bashinform News Agency/ translated by Tatiana Aksyutina/. 423 billion and 81 million rubles of taxes and 109 billion 182 million rubles of contributions to compulsory social insurance were collected in Bashkortostan, in 2018, the Bashkortostan Directorate of the Federal Tax Service reported. In general, revenues increased by almost 26% - by 86 billion 461 million rubles.
222 billion 589 million rubles were directed to the federal budget, 163 billion 293 million rubles to the republican treasury.
The bulk of tax revenues was secured by the mineral extraction tax (35.6% - 150.58 billion), the corporate profit tax (19.5% - 82.53 billion), excise taxes (14.3% or 60.5 billion).
Besides, a personal income tax (13.1% or 55.38 billion) and a value-added tax (10% - 41 billion rubles) also constituted a significant share.
In 2019, the republican budget revenues are projected at about 172.2 billion rubles, expenditures are planned at 192.2 billion rubles.
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