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DUTY FREE MAY START SELLING ALCOHOL ON DOMESTIC FLIGHTS

The Ministry of Finance of the Russian Federation has proposed to allow retail stores at airports to sell alcohol to passengers of domestic flights in Russia. This is reported by the press service of the department. According to the Ministry of Finance,...

FINES FOR ILLEGAL CURRENCY TRANSACTIONS MAY BE REDUCED

The Ministry of Finance has prepared a draft law providing for a significant reduction in fines for a number of financial offenses. The initiative is connected with the sanctions imposed on Russia and the resulting difficulties for entrepreneurship. It ...

Russia is to introduce fines for incomplete information about goods

... provides for the introduction of new fines for businesses for providing incorrect information about a product or its distortion. We are talking about working with the National System of traceability of goods. Commenting on the legislative intentions, the Ministry of Finance explained that under the new rule, the punishment can occur if false or incomplete information is provided, as well as if details are distorted, Izvestia reports . The introduced liability will affect companies that are operators ...

Control over circulation of cryptocurrencies in Russia may be transferred to banks

The day before, the Ministry of Finance came up with an initiative to regulate activities in the field of cryptocurrency trading. The department made a proposal not to introduce a complete ban on operations, but to provide legislative tools for regulating and controlling ...

Russian government will consider the idea of purchasing real estate for retirement savings

... withdrawal of assets, as well as their subsequent use, can lead to a rise in the cost of the functioning of the system itself, Izvestia reports . It is known that at the moment, the government has already sent the initiative for consideration to the Ministry of Finance and the Ministry of Construction.

Mortgage may become more beneficial for trustworthy borrowers

Trustworthy borrowers can get the right to a mortgage at reduced interest rates - for this, the Ministry of Finance has planned to develop an appropriate draft law. It is assumed that the document will establish the possibility of obtaining access to customer credit histories during securitization. Such a right is planned to be granted to Dom....

FEDERAL TAX SERVICE AND CUSTOMS SERVICE MAY BE EMPOWERED TO INITIATE CLAIMS

The Ministry of Finance proposed to empower the Federal Tax Service and the Federal Customs Service with the right to intervene in the case by analogy with prosecutors. This means that tax and customs authorities will be able to independently initiate cases ...

RUSSIA WILL DEVELOP A PROGRAM TO SUPPORT HOMELESS PEOPLE

... Labor, the Ministry of Health and the Federal Fund for Mandatory Medical Insurance will have to work on the issue of accessibility of medical care for the homeless. It must also be provided to those citizens who are not held in social hospitals. The Ministry of Finance and the Ministry of Internal Affairs will work on the possibility of restoring the passports of the homeless. The fact is that people living in the streets often lose their documents or have the expired ones. Homeless people do not ...

RUSSIAN GOVERNMENT DISCUSSING AUTOMATIC RECOVERY OF DEBTS FROM BUSINESS

... from a company that has entered into a government contract. The withdrawal of a certain amount may occur immediately after payment under the contract in favor of the contractor. So far, the government has instructed the Federal Tax Service and the Ministry of Finance to consider the feasibility of making such changes. Business, on the other hand, advocates that entrepreneurs should have the opportunity to feel their security. It was noted that the introduction of such a rule may lead to a situation ...

LEGAL LIABILITY FOR ALCOHOL AND CIGARETTES SMUGGLING CAN BE INCREASED

The Ministry of Finance of the Russian Federation has developed a document establishing responsibility for the illegal import of alcohol and tobacco from the countries of the Eurasian Economic Union (EAEU). Punishment may occur in case of importing products ...

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