Volume of tax revenues in 2015 expected to be 960 bln less than planned

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ASTANA. KAZINFORM - The volume of tax revenues in the national budget will be less than expected by 960 bln in 2015, Minister of Finance of Kazakhstan Bakhyt Sultanov informed representing the draft law "On amendments to the Law "On national budget in 2015-2017" in the Senate of the Parliament of Kazakhstan.

"The revenue will total 5 trln 988 bln tenge, it is 870 bln less compared to the approved budget. The revenue of the budget is forecast on the level of 3 trln 220 bln tenge, which is 940 bln less than it was planned. Besides, the reduction of the tax revenues is expected to be on the level of 960 bln tenge," S. Sultanov said presenting the draft law.

According to him, the tax revenue will make 3 trln 65 bln tenge, it is a 146 billion reduction in accordance with the corporate income tax.

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