A screen in Hana Bank's trading room in central Seoul shows the Kospi opening on May 29. [YONHAP]
Korea's tax revenue increased nearly 13 percent in April from a year earlier on the back of the recent bullish run in the stock market, data showed Friday.
The government collected 55.2 trillion won ($36.8 billion) in taxes last month, compared to 48.9 trillion won posted a year earlier, according to the Ministry of Finance and Economy.
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The Finance Ministry attributed the sharp increase to securities transaction levies, which came to 1.3 trillion won in April, soaring from just 200 billion won posted a year earlier.
