Izvestia: The State Duma will increase the tax-free income of individuals from 4 to 10 thousand rubles thousand rubles the amount of income of individuals not subject to tax. The corresponding bill will be submitted to the State Duma by the leadership of the Committee on Labor, Social Policy and Veterans Affairs. The department believes that the innovation will improve the financial situation of a number of Russians: disabled people, pensioners, students and other low-income citizens, Izvestia writes. “. The document proposes to increase the amount of tax-free income of individuals to ten thousand rubles. Most of the State Duma factions intend to support the initiative, but experts fear that it could be rejected amid a pandemic economy.
established by federal law of June 30, 2005 No. 71-FZ “On Amendments to Article 217 of Part Two of the Tax Code of the Russian Federation.” That is, more than 15 years ago. Over the past period, inflation amounted to more than 200 percent, as a result of which the specified amount of income exempt from taxation needs to be adjusted, “the bill emphasizes.
First Deputy Chairman of the A Just Russia faction Oleg Nilov called the initiative” absolutely correct idea “. State Duma deputy from the Communist Party of the Russian Federation Sergei Obukhov added that “it is necessary to simultaneously establish a minimum limit of 25 thousand rubles for the minimum wage, minimum pension and non-taxable personal income tax.” The bill is already being considered by the Ministry of Finance.
Earlier it became known that Russia will refuse to declare income for individuals in the form of 3-NDFL. It is assumed that the Federal Tax Service (FTS) will switch to an automated process for calculating tax.