The Tax Service has exceeded the plan on collection of taxes and insurance premiums

The Tax Service of Kyrgyzstan has exceeded the plan for taxes and insurance premiums collection for 10 months. The State Tax Service (STS) of the Kyrgyz Republic has informed on the work results for January-October 2024.

During this period, 237.2 billion KGS of taxes and insurance contributions were collected, which is 37.2 billion KGS more than in the same period last year.

Including 176.9 billion KGS of taxes and payments were collected. The established plan was fulfilled by 101.3%, and overfulfilment was 2.3 billion KGS. Compared to January-October 2023, tax collection increased by 28.9 billion KGS.

The amount of collected insurance premiums reached 60.3 billion KGS. The plan was fulfilled by 111.3%, with an overfulfilment of 6.1 billion KGS. Compared to the same period last year, the collection of insurance premiums increased by 8.3 billion KGS.