The bill on the execution of the budget of the Republic of Tatarstan for 2016 adopted in general

The bill on execution of the budget of the Republic of Tatarstan for 2016 was adopted in the first reading and in general at today's meeting of the State Council. Budget execution process of the Republic of Tatarstan by incomes amounted to 220, 24 billion rubles (102.7%), expenditure - 222.23 billion rubles in the past year. The deficit amounted to 1.992 million rubles and is fully provided with sources of financing.

Minister of Finances of the Republic of Tatarstan Radik Gaizatullin acquainted the parliamentarians with the final indicators of the main financial law. Particularly, he noted that tax and non-tax revenues of the budget for 2016 amounted to 191.81 billion rubles, or 102.8% of the annual plan. The republic has traditionally received the largest revenues from the profit tax - 72.5 billion rubles (the plan was 104.9% fulfilled). 63% of the profit tax came from large and small oil companies.

Non-tax revenues amounted to 8.2 billion rubles. Gratuitous income - 28.42 billion rubles.

Budget execution process of the Republic of Tatarstan by incomes amounted to 220.2 billion rubles.