tax revenue News

South Korea's Fiscal Deficit Soars to 61.3 Trillion Won in Q1, Marking the Second-Highest in History

South Korea's fiscal deficit hit 61.3 trillion won in Q1, the second-highest on record, with tax revenues up but expenditures slightly down. The managed fiscal balance and central ...

South Korea's March Tax Revenue Surges by 5.5 Trillion Won: A Deep Dive into Corporate Tax Contributions

South Korea's tax revenue in March increased by 5.5 trillion won year-over-year, driven by corporate tax growth. Despite positive trends, mandatory interim payments for large compa...

India's Fiscal Deficit Nears 85.8% of Revised Estimate by February, Signaling Tight Fiscal Control

India's fiscal deficit reached 85.8% of the revised estimate by February, showing improvement over the previous year due to controlled spending. Analysts remain optimistic about me...

Vietnam Nets $341M from Foreign Suppliers in 2024, Marking a 26% Tax Revenue Surge

Vietnam achieved a significant milestone by collecting $341M in taxes from foreign suppliers in 2024, marking a 26% increase. Despite challenges in cross-border e-commerce tax mana...