Finance sector conducts inspections and propose administrative fine of more than VND 40,000 billion in first 6 months

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More than 31,090 audits were conducted in the first six months of 2023. Photo: Internet

Accordingly, the Inspectorate of the Ministry of Finance and specialized units under the Ministry have conducted 31,092 inspections, exceeding 2,742 times compared to the same period last year; conducted an inspection of 363,154 tax declaration records at the tax office and seized 6,653 cases through anti-smuggling investigation, thereby, proposing a fine of VND 40,424 billion, nearly twice as high as in the same period in 2022.

Particularly, the Inspectorate of the Ministry of Finance conducted 13 inspections, thereby proposing a fine of VND 2,908 billion. The inspected units have actually paid VND2,727 billion to the State Budget.

The report also said that, through inspections, the finance sector proposed administrative penalties for cases of violations. Thus, it helps to rectify the financial and budgetary management at the units, and consult the ministries, central and local agencies give comments to amend and supplement legal documents related to the management and administration to ensure compliance with the law and reality.

In the tax field, the tax industry also strengthened inspection of tax declaration and payment for real estate business activities; worked with competent authorities to fight against tax evasion, fraud and tax-related crimes.

As a result, in the first six months of the year, the whole tax system performed 29,616 inspections, examined 363,154 tax declaration recorded at tax offices and proposed a fine of VND 37,494 billion. Thus, VND 6,092 billion (including fines for administrative violations) was paid to the State budget.

In the field of customs, thanks to proactively collecting information, arranging officials to perform inspection and strengthening internal inspections and unexpected inspections, the customs sector promptly detect violations and proposed fines.

According to the report, in the first six months of 2023, the whole customs system carried out 81 inspections and issued 34 decisions on administrative sanctions. Accordingly, VND 126 billion (including fines for administrative violations) was to remitted to the State budget.

In addition, the State Treasury has also urgently conducted 522 inspections (including 440 planned and 82 unexpected ones); issued 445 inspection conclusions at 445 units. Through the inspection, 80 organizations and individuals were fined over VND3 billion.

Also in the first six months of 2023, the State Securities Commission deployed 16 inspections, of which 9 were planned and 7 were unscheduled; issued one inspection conclusion at three organizations. No violations were detected through inspections.

Through the regular monitoring system, this agency issued 187 decisions to sanction administrative violations against 71 organizations and 116 individuals with a total fine of VND18.3 billion; took additional sanctioning measures for nine cases including three organizations and six individuals who have violations of legal regulations in securities activities; requested the application of remedial measures for two organizations for disclosing false information.

In addition, other units such as the Insurance Management and Supervision Department, the General Department of State Reserve also assigned inspection teams at the units, and arrange officials to survey, develop a plan, and conduct inspections in a timely manner to fulfil assigned plan in 2023.

In addition, the Ministry of Finance also directed to strengthen the internal inspection at the units, contributing to preventing, detecting and handling violations in the public duty performance of officials, civil servants and employees in the whole sector.

As a result, in the first 6 months of 2023, the entire Finance sector carried out 934 internal audits, proposed a fine of VND 20.6 billion.

Of which, the finance sector proposed to pay nearly VND19.9 billion to the State budget and proposed other fines of VND76. The actual amount remitted to the State budget is VND15.4 billion. At the same time, the finance sector recommended administrative sanctions to 38 organizations and 146 individuals, of which 119 people were handled.

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In order to improve the efficiency of inspection, the Ministry of Finance will continue to accelerate the implementation of the approved 2023 plan; actively grasp the situation, regularly report and propose solutions to promptly solve problems arising during the inspection process; strengthen monitoring and urge the proposals and decisions on post-inspection sanctions, etc., and strengthen coordination and information exchange between units within the sector and between the Ministry of Finance and other agencies.