The government’s tax revenue has increased by 15 trillion won this year, compared to last year.
  
The Ministry of Strategy and Finance said in a monthly fiscal report Tuesday that 192-point-five trillion won was collected in tax revenue as of the end of October, up 14-point-nine trillion won from the same period last year.
   
The rise has pushed up the tax revenue progress rate, or the actual percentage of tax collected to the tax revenue target, to 89-point-two percent. It increased the possibility that the government will attain the tax revenue progress rate of 100 percent for the first time in four years.
 
The ministry explained that the tax revenue progress rate was boosted by n increased collection of income tax and transfer income tax, thanks to growth in real estate transactions.
   
Compared to last year, six-point-seven trillion won more income tax was collected, while corporate tax revenue increased by two-point-eight trillion won. The collection of other taxes, such as the individual consumption tax, grew by three-point-nine trillion won.
   
However, the government’s fiscal account, excluding social security funds, posted a deficit of 32-point-five trillion won, up nearly seven trillion won from last year.