- Tuesday, 15 January 2019 22:14
The aggregate volume of the main segments of the Russian e-business market estimated at Rb 1,357.3bn, Rb 2,031.2bn and Rb 2,347.0bn in 2013, 2015 and 2016, respectively, keeps growing. It is to be noted that in Russia growth rates of various sectors of e-business are much higher than those of the economy as a whole.
- Tuesday, 30 October 2018 18:07
The draft federal budget for 2019 and the 2020-2021 planned period submitted by the Russian Government to the Parliament suggests utilization of funds received from the privatization of federal property as a separate source of the federal budget deficit funding.
- Monday, 24 September 2018 15:48
Special tax regulations for freelancers, i.e. individuals making their living on their own without engaging labor could be introduced in Russia already in 2019.
Evaluation of tax breaks and exemption may become a part of the budgetary process in the Russian Federation
- Wednesday, 19 September 2018 10:48
In September 2018, the Government of Russia submitted a draft of the federal law envisaging evaluation of the shortfall in budget revenues from tax breaks and exemption as well as their control in the budgetary process along with direct budgetary expenditures, to the State Duma of the Russian Federation. These amounts will be accounted as tax expenditures.
- Thursday, 21 June 2018 12:50
The Government suggested to raise the value added tax (VAT) from 18 to 20% as from January 2019.
- Tuesday, 19 June 2018 12:13
Starting 2019, agricultural taxpayers will become VAT payers as well, required amendments to the chapters 21 and 26.1 of the RF Tax Code have been drafted and are about to come into effect.
- Friday, 20 April 2018 13:07
A license-withdrawing process and procedures for rehabilitation of large Russian banks, such as FK Otkrytie, the Binbank and the Promsvyazbank resulted in worsening of the competition in the banking sector in 2017.
- Tuesday, 17 April 2018 12:51
The draft law on anti-US sanctions will be considered by the State Duma before the end of the spring session. The document will permit the government to introduce a ban or limitations on imports to Russia of agricultural products, food, raw products, medicine (except for preparations which have no Russian analogs), alcohol, tobacco and other US-made goods. Also, the initiative calls for introduction of limitations on cooperation in the nuclear industry, rocket and engine building industry, as well as the aircraft industry.
- Monday, 16 April 2018 15:28
Numerous researchers declare that a new industrial revolution has begun. Development of modern technologies and introduction of robots may cause sporadic growth in technological unemployment.
- Thursday, 12 April 2018 14:50
The beginning of this week was marked by a sharp fall in the ruble rate, which continued in the following days, as a result of which the ruble rate fell to the level of November 2016. Thus, for April 9, the ruble depreciated against the US dollar by 4.3% to 60.66 rub. for dollars, for April 10 - by 3.5% to 62.79 rubles. for dollars, and for April 11 - by 3% to 64.68 rubles. for USD
- Thursday, 12 April 2018 11:13
Last week, the US Treasury introduced new sanctions against Russian companies and businessmen. In total, the list includes 14 companies and 38 businessmen. The Russian financial market sharply reacted negatively to the new US sanctions: the Mosbirdzhi and RTS indexes fell by 8-11%, the dollar rate exceeded 65 rubles, and the euro - 79 rubles.
- Monday, 09 April 2018 17:16
In 2017, a new 3-year privatization program was launched for 2017-2019, approved with some delay by the RF Government's Order No. 227-r of February 8, 2017. The intensity of its adjustments is still small.