The Ministry of Finance proposes to redistribute part of budget revenues from the collection of the tax on personal income (PIT) from the municipal to the regional level, told the Finance Minister Anton Siluanov. "We talk about that part of the personal income tax at the local level can be passed to the level of the subject of the Russian Federation", - said Anton Siluanov.
Currently, regional governments receive 60% of the total personal income taxes, and local budgets - 40%. According to A.Siluanov,this ratio might change by 70% and 30%.
Finance Ministry asks Prime Minister Dmitry Medvedev to limit at the legislative level federal currently planned spendings on preparations for the World Cup in 2018.
"The experience of previous major events in Sochi, the Universiade, indicates that during the implementation of major projects, there are questions related to the appreciation of certain events, the emergence of new proposals for the inclusion of additional facilities. So we thought today would be appropriate to take a final decision on the that the number of additional costs - 250 billion rubles, and it can not be changed ", - said Finance Minister Anton Siluanov at a cabinet meeting on Thursday.
The Ministry of Finance of the Republic of Tatarstan held a meeting on the issue of repayment of debts on tax on personal income and land payments with an invitation of republican significance investors on June 6, 2013.
The meeting was also attended by representatives of the Office of the Federal Tax Service of the Republic of Tatarstan.
The Russian government approved an increase in insurance compensation on bank deposits from 700 thousand rubles up to 1 million rubles.
The minister said that the need to increase the insurance indemnity is due to the depreciation of the sum insured due to inflation, as well as the state will to give additional incentive to increase public confidence in the banks.
Anton Siluanov said that the government approval the draft law also aims to reduce the interest rates on deposits and loans.