NEWS
Ministry of Finance of the Republic of Tatarstan continued discussion of automation functions in the 2012-2013 accounting year for institutions of additional education. The meeting was attended by representatives of the Ministry of Education and Science of the Republic of Tatarstan, the Ministry of Youth, Sports and Tourism of the Republic of Tatarstan, the Ministry of Culture of the Republic of Tatarstan, the Ministry of Information and Communications of the Republic of Tatarstan and the specialists of "BARS Group".
Ministry of Finance, Ministry of Transport and the Ministry of Economic Development of the Russian Federation agreed to supply the establishment of zero rate of VAT in the performance of domestic air travel. Question of its reduction has been discussed for years. In particular, the Ministry of Economic Development proposed to abolish VAT on domestic air travel in April 2011, noting that it will reduce the cost of air travel and increase passenger numbers.
"Economists of S & P explained that it is not intended to raise the rating of Russia, as Russia's economy is very dependent on oil prices, resulting in high cost risk. Projected S & P Russia's economy will continue to grow more slowly than before the crisis. Reason which served as a negative outlook commodity prices. estimated S & P, the change in oil prices at $ 10 would change the government revenue by 1.4% of GDP. That is, when oil prices fall within a short period of time the current budget surplus of Russia (1.6% of GDP) could become the deficit.
However, the S & P believes that the situation may affect the introduction of fiscal rules, which binds to the costs of long-term oil prices. Under this rule the price of oil will be stored in a budget based on the average over the past 5 years, and then calculating the period of each year will increase by one year until it reaches a period of 10 years.
Today the Ministry of Finance held a meeting with credit and insurance organizations to review the results of their operations and payments to the budget for the 1st half of 2012, in order to prepare the draft national budget for 2013 in the, the expected execution in the year 2012 and forecasts for 2013. The meetings were attended by representatives of the Ministry of Economy, the Office of the Federal Tax Service of the Republic of Tatarstan and the National Bank of the Republic of Tatarstan.
Head of Finance Department of the Executive Committee of Kazan Airat Garipov focused his speech on the results of the implementation of the budget of Kazan for seven months of the year. According to him, the amount of revenue of the city's budget accounts 10 billion 639 million rubles. "Execution of planned appointments is 60 percent," - he said.
Regard to the changes the city's budget revenues and expenditures will be 15 billion 3 million rubles, Airat Garipov said.
The Ministry of Finance of the Russian Federation has tightened the requirements for insurance companies. Their assets should be less risky, to protect customers from the trouble at the time of the mass payments when there is often a shortage of money. Experts believe, the cost of insurance is not going to be affected.