The first Deputy Minister of Finance Tatyana Nesterenko said that the economy of the Russian Federation located in the centre of the storm — when all seems quiet, but in reality it is not. “The current state of the economy can be described as the center of the storm,” — …
Read More »The Finance Ministry and the energy Ministry agreed on a tax reform in the Russian oil industry
The Ministry of Finance and the Ministry of energy have reached conceptual agreement on the reform of the taxation of the oil industry and the transition to collecting added tax income (JPM), write “sheets” referring to the two negotiators. Previously, the Ministry could not agree on the transition to adopt …
Read More »The Ministry of Finance offered three times to cut the program of support of small and medium business
The Ministry of Finance of Russian thinking on the reduction of the program of support of small and medium enterprises (SMEs) next year. According to the proposals of the Ministry, financial assistance may amount to 4.6 billion rubles (excluding capital expenditure) is 12.1 billion. On Friday, July 29, reports “Kommersant”. …
Read More »Media: the Ministry of Finance intends to extend the severance tax for oil and Gazprom
The Ministry of Finance proposes to extend the higher tax on mineral extraction (met) for oil companies and “Gazprom” in connection with a large Federal budget deficit. About this newspaper “Vedomosti”. The newspaper reminds that last year oil companies have seized 200 billion rubles, and Gazprom 100 billion rubles devaluation …
Read More »Media: the Ministry of Finance required banks to check INN individuals to open accounts
When opening accounts in Russian banks will have to check the client whether it is individual entrepreneur tax service blocked the account. Such requirements appeared from the letter of the Ministry of Finance of the Russian Federation, explaining the provisions of the Tax code, reports “Kommersant”. In accordance with the …
Read More »Green Finance: how to benefit from climate change
We are entering a new era – the gradual transition from fossil organic fuel for maximum use of clean energy sources in all spheres of life. It is especially important to understand how Russia can get the maximum benefit from the upcoming changes and what steps should be taken At …
Read More »In Armenia, the burning building of the Ministry of Finance
The fire area reaches 1,000 square meters. The roof of the building of the Ministry of Finance of Armenia in Yerevan, caught fire on Sunday evening, the fire area reaches 1 million square meters. “The tenth of July at 22.20 received a signal about the fire in the building at …
Read More »The Ministry of Finance may prohibit weak regions to take out loans
The Finance Ministry proposes to deprive the weak regions the right to take loans. The Department believes that this will allow for more control over their debts. Lose the right to raise loans can regions with the highest risk debt sustainability. Accordingly, the actual debt of such entities will also …
Read More »The Finance Ministry is going to reduce the real cost of health care and education
In real terms, this decline of 20% The Russian budget in the next three years will feel the icy breath of the crisis Sergei Savostyanov / TASS Alexander Prokopenko, Olga Kuvshinova, Elizabeth Bazanova “Vedomosti” familiar with the proposal of the Ministry of Finance on financing of state programs and the …
Read More »The Ministry of Finance and the Ministry of energy close to the tax compromise
The Agency held a meeting on taxes in the oil industry Last week the energy Ministry and the Finance Ministry have discussed the implementation of a new concept of taxation for oil and gas industry. Following the meeting, the Agency agreed to submit to the government an agreed position on …
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