Stamp duty revenue from securities transactions in the first quarter fell by 49.1% year-on-year.

Ministry of Finance: In the first quarter, corporate income tax revenue was 1.178 trillion yuan, up 1% year-on-year. Personal income tax revenue was 424 billion yuan, down 4.5% year-on-year. Stamp tax revenue was 88.80 billion yuan, down 16.2% year-on-year. Among them, stamp tax revenue from securities transactions was 25.60 billion yuan, down 49.1% year-on-year.