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The limit of non-taxable income of Russians may be increased

A bill drafted to increase the limit of non-taxable income of citizens will soon be submitted to the lower House of Parliament. At the moment, the limit is 4 thousand rubles, it but was proposed to ‘raise’ it to 10 thousand. The authors of the initiative believe that the measure will have a beneficial effect on the financial situation of low-income citizens. Among them, there are students, disabled people and pensioners. The proposed changes will be made to the Article 217 of the Tax Code of ...

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