Hanoi State Treasury proactively digitizes and transforms operating methods
Professional activities at Hanoi State Treasury. |
Accordingly, implementing modernization projects as well as the State Treasury's policy on expanding special purpose accounts at commercial banks in the area, Hanoi State Treasury has coordinated with 16 banks, bringing the total number of special purpose accounts to 250 accounts.
The coordination between the collection agency, the State Treasury and Commercial Banks has helped simplify the process and procedures for revenue collection and facilitated taxpayers to pay money into the state budget.
According to a report from the Hanoi State Treasury, the amount of money collected through commercial banks reached over 91% of total state revenue in the entire area. In particular, revenue collected by transferring via internet banking, mobile banking, and card acceptance machines (POS) of commercial banks accounts for about 95% of revenue.
Besides that, Hanoi State Treasury has always proactively and actively advised and proposed on revenue levels, collection rates (fees and charges), how to divide the content and budget revenues appropriately with assigned tasks of expenditure under the authority of the People's Council of Hanoi City.
In addition, Hanoi State Treasury has ensured that electronic tax refunds for beneficiaries are quick, accurate, and safe. The switch from manual tax refunds to electronic tax refunds has received high consensus from people and businesses about the service of Hanoi State Treasury.
Regarding state budget expenditure control, until now, the unit has provided 11 out of 11 administrative procedures through online public services level 4 to budget-using units. Among these, 9 out of 11 procedures have been integrated into the National Public Service Portal. All transaction documents are received and processed on time.
Hanoi State Treasury also successfully implemented the Electronic Payment Program with banks following a centralized model and connection process between online public service applications - TABMIS - Electronic Payment with banks. It created a breakthrough in handling administrative procedures in the field of State Treasury through online public services...
With the goal of 2030, all transactions through the State Treasury system will be digitized. In the future, Hanoi State Treasury will gradually shift the payment control method to internal inspection, internal audit and investigate risk management mechanisms, manage and supervise professional activities of the State Treasury in districts and budget-using units. Accordingly, many state budget expenditures through the State Treasury will be implemented by the method of payment first, control later, and post-audit work will continue to be enhanced by the Hanoi State Treasury.
Related News
Ho Chi Minh City Customs: Creating strong changes from modern management methods
09:43 | 25/04/2024 Customs
PM requests to continue improving efficiency of digital transformation in customs
10:39 | 22/04/2024 Customs
New fulcrums for economic growth
13:28 | 20/04/2024 Headlines
Digitalizing procedure for social welfare payment at State Treasury
18:25 | 03/04/2024 Finance
Latest News
Closely monitoring market fluctuations to consider appropriate time to adjust prices
09:30 | 26/04/2024 Finance
How does the Land Development Fund work effectively?
09:19 | 26/04/2024 Finance
Vietnam seeks to remove obstacles in upgrade of securities market
13:50 | 25/04/2024 Finance
Price stability from supply increase and transparency in trading in gold market
09:42 | 25/04/2024 Finance
More News
SBV takes more actions to stabilise foreign exchange rates
13:43 | 24/04/2024 Finance
Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT
10:35 | 24/04/2024 Finance
Corporate bond maturity in 2024 remains high: MoF
13:51 | 23/04/2024 Finance
Support clearance procedures for imported gold for bidding
09:33 | 23/04/2024 Finance
The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low
09:32 | 23/04/2024 Finance
Majority of credit institutions forecast profit growth in 2024
15:16 | 22/04/2024 Finance
Central bank plans to auction gold bars on April 22
18:00 | 21/04/2024 Finance
Old loans must endure higher interest rates temporarily: central bank
15:44 | 19/04/2024 Finance
State-owned enterprises flourished
14:15 | 19/04/2024 Finance
Your care
Closely monitoring market fluctuations to consider appropriate time to adjust prices
09:30 | 26/04/2024 Finance
How does the Land Development Fund work effectively?
09:19 | 26/04/2024 Finance
Vietnam seeks to remove obstacles in upgrade of securities market
13:50 | 25/04/2024 Finance
Price stability from supply increase and transparency in trading in gold market
09:42 | 25/04/2024 Finance
SBV takes more actions to stabilise foreign exchange rates
13:43 | 24/04/2024 Finance