Chinanews.com, November 12th. The State Council Information Office held a regular briefing on the 12th. Chen Donghao, the head of the Taxation Department of the Ministry of Finance, introduced that this year my country will increase the central financial subsidies and adjustments of the basic pension insurance fund to support local governments in making pensions on time. Work in full.
In 2020, the central government will allocate 582.7 billion yuan in subsidies for basic endowment insurance for enterprise employees, an increase of 10.7% over last year, and focus on the central and western regions and the old industrial base provinces where the contradiction between fund revenue and expenditure is more prominent.
Chen Donghao introduced that since this year, in order to cope with the huge impact of the epidemic on my country’s economy, the Ministry of Finance, in conjunction with the State Administration of Taxation and other relevant departments, has issued a series of phased and targeted tax reductions in a timely manner in accordance with the decisions and arrangements of the Party Central Committee and the State Council. Fee reduction policy.
In order to ensure the implementation of various tax and fee reduction policies, so that enterprises have a real sense of gain, and help enterprises overcome difficulties, financial departments at all levels have carefully organized a series of active and effective measures, innovated policy implementation methods, and improved policies. The timeliness and accuracy of the implementation mainly adopted the following measures:
The first is to strengthen organization and leadership and issue relevant policies in a timely manner.
In response to the impact of the epidemic, the Ministry of Finance, in conjunction with relevant departments, quickly organized forces and strengthened overall coordination. In early February, four consecutive tax policy announcements were issued, and more than 20 tax policies were introduced.
The second is to conduct in-depth research and strengthen policy evaluation.
The Ministry of Finance, in conjunction with relevant departments, actively carried out investigations and studies on tax and fee reductions, tracked the implementation of policies, and analyzed the causes of new situations and problems in the implementation of policies, and studied and resolved them in a timely manner.
On the basis of in-depth investigations and in accordance with the anti-epidemic situation, a more preferential tax reduction and exemption policy was subsequently implemented to support enterprises to resume work and production.
The third is to strengthen supervision and inspection to ensure effective implementation.
Organize local finance and taxation departments, and local regulatory bureaus of the Ministry of Finance to carry out multi-domain and comprehensive supervision and inspection, and find out and investigate and deal with those who make flexible, discounted, and arbitrary fees to offset the effect of tax reduction and fee reduction.
At the same time, strengthen the income analysis and monitoring, carry out key analysis of abnormal situations, conduct key inspections in areas where non-tax income has increased significantly, and effectively regulate tax collection.
The fourth is to strengthen the management of budget revenue and expenditure, and support the implementation of tax and fee reduction policies.
Governments at all levels are required to resolutely implement the government’s requirements for a "tight life" and vigorously optimize the structure of fiscal expenditures.
At the same time, the central government has stepped up transfer payments to local governments, established a mechanism for new fiscal funds to go directly to the grassroots level of cities and counties, and filled in the grassroots financial gap caused by tax cuts and fees, so that the policy of benefiting enterprises and people can be truly implemented.
Fifth, increase the central financial subsidies and adjustments of the basic pension insurance fund, and support local governments in the timely and full payment of pensions.
This year, the central government allocated 582.7 billion yuan in subsidies for basic endowment insurance for enterprise employees, an increase of 10.7% over last year, and focused on the central and western regions and the old industrial base provinces where the contradiction between fund revenue and expenditure is more prominent; the fund central adjustment ratio increased to 4% In the whole year, the central adjustment fund raised 740 billion yuan, benefiting more than 170 billion yuan in the central and western regions and old industrial base provinces, an increase of 17% over last year.
"From the current situation reflected in all aspects, the implementation of various measures has achieved good results. It is estimated that the burden on enterprises will be reduced by more than 2.5 trillion yuan throughout the year. Both in absolute terms and in terms of relative GDP, it is compared from the perspective of countries in the world. Big one." Chen Donghao said.