Latest News - #The government of the Russian Federation

RBC: Russia has become a net debtor

Net public debt of Russia again exceeded liquid reserves, reaching as at 1 July of 1.55 trillion rubles, according to RBC with reference to the statistical data of the Central Bank and the Ministry of Finance.

Net debt implies that the government assets do not cover the amount owed.

Pushkov praised the proposal to expand the use of sanctions against Ukraine

Senator Alexei Pushkov commented in his Twitter the introduction of to the state Duma a bill that proposes to expand the use of economic sanctions.

The bill proposed by the government will extend sanctions on the company, if the foreign natural and legal persons, already under economic constraints, have in it a share of more than 25 percent.

The government has proposed to expand the use of economic sanctions

The Russian government submitted to the state Duma draft amendments which will allow to extend the economic restrictions on legal entities in which sanctioned foreign companies and citizens have more than 25%.

Under current law restrictions can be imposed on foreign companies and citizens, inter-state foreign trade contracts and programs. About controlled foreign company in documents not mentioned.

The government submitted to the state Duma a draft on the tax maneuver in the IT industry

The government of the Russian Federation submitted to the state Duma a bill on the "tax maneuver" in the IT industry and the tax residency should be from the database of the lower house of Parliament.

Russian President Vladimir Putin in late June, proposed to be held in the IT-industry tax maneuver, including permanently lower the rate of insurance contributions of companies to 7.6 per cent from the current 14%, and the rate of income tax to 3% from 20%. The bill was prepared in pursuance of this mandate, and provides for the introduction of such innovations in 2021.

The government supported the project on the regulation of remote work

Government Commission on legislative activities endorsed the project on regulatory aspects of remote work, but pointed to a number of points that need further improvement, follows from the draft opinion, at the disposal of RIA Novosti.

In June, the Chairman of the state Duma Vyacheslav Volodin, the speaker of the Federation Council Valentina Matvienko, as well as a group of deputies and senators introduced in the lower house of the Parliament bill on the regulation of remote work.

The government approved the extension of simplified taxation

The Russian government has approved the project on expansion of the scope of application of the simplified system of taxation, reported Saturday on the website of the Cabinet.

Amendments be made to the draft law "On introducing amendments to Chapter 262 of the Tax code of the Russian Federation in the implementation of certain provisions of the national project "Small and medium entrepreneurship and support of individual business initiative".

Putin instructed to ensure the adoption of laws on tax maneuver in IT

Russian President Vladimir Putin instructed the government to ensure the adoption until July 24 laws on tax maneuver in IT and the increase in personal income tax for incomes over 5 million rubles per year, the corresponding order published on the Kremlin website following the President's address to the citizens of the Russian Federation from June 23, 2020.

"To provide entering into the legislation of the Russian Federation of amendments related to the establishment on a permanent basis for organizations operating in the field of information technology, tariffs of insurance contributions to state extra-budgetary funds, not exceeding a total of 7.6% and rate for tax on profit of organizations to be credited to the budgets of constituent entities of the Russian Federation, in the amount of 0%", - stated in the order.

The government did not support amendments to the criminal code

The government Commission on legislative activities has prepared a negative opinion on the initiative of the Deputy of the state Duma from "United Russia" Elena Vtorygina to toughen penalties for crimes against seniors to the draft opinion (the text is available to RIA Novosti).

Vtorygina previously reported RIA Novosti that proposes the addition of paragraph "z" of part one of article 63 of the Criminal code with a new aggravating circumstance - committing a crime against a person who has reached retirement age.

The government has allocated funds for the July payments to physicians

The government, on the instructions of President Vladimir Putin has allocated around 7.5 billion in July payments to health workers in contact with patients with coronavirus. The corresponding decree was signed by Prime Minister Mikhail Mishustin, the press service of the Cabinet.

To support doctors, middle and Junior medical staff, the ambulance drivers who now work in high load conditions previously ordered by the President. Initially it was decided that the allowance will be paid for three months, starting in April, then the deadline was extended until the end of the summer.

The government has submitted projects for public authorities

Cabmen of the Russian Federation submitted to the state Duma a package of draft regulating the activity of territorial public self-managements (TOS) and support local authorities, follows from an electronic database of the lower house of Parliament.

"The bill proposes to empower the local governments of settlements, municipal districts, municipal districts, urban districts, city districts with intracity division, intracity districts the right to provide support to TOS", - stated in the first document.

More News