From April, Russians will receive new benefits

New support measures for the population will come into force in Russia on April 1
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Economic crisis 2020-2022

There will be several important innovations in Russia. Thus, from April 1, the country will have special benefits to support business and citizens.

  • In April, a law will come into force, according to which participants in the special operation and people who performed combat missions in the DPR, LPR and Ukraine will be recognized as veterans and invalids of hostilities. Participants in the special operation will be able to enjoy tax benefits and receive increased pension benefits, including pensions for years of service.
  • On March 26, the law on the abolition of personal income tax on interest on deposits came into force. Interest income tax will not be levied on payments received in 2021-2022.
  • The cadastral value for the calculation of property and land tax for individuals will remain the same. The value will be fixed at the level of January 1, 2022.
  • The luxury tax threshold will be increased. Now cars worth more than 10 million rubles, bought from January 1, will fall under it. Previously, the corresponding tax was levied on cars worth 3 million rubles.
  • From April 1, social pensions will also be indexed. The amount of payments will increase by 8.6%.

Earlier, on the initiative of Russian President Vladimir Putin, support measures were developed in Russia for citizens and businesses. The Ministry of Labor of the Russian Federation began to formulate proposals to increase the minimum wage and subsistence level. In addition, the speaker of the State Duma Vyacheslav Volodin said that in Russia from April 1 will raise social pensions, teenagers will be allowed to use “Gosuslugi”, Russians will simplify payment by mobile phones, and families with children will receive a new payment.

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There will be several important innovations in Russia. Thus, from April 1, the country will have special benefits to support business and citizens. Earlier, on the initiative of Russian President Vladimir Putin, support measures were developed in Russia for citizens and businesses. The Ministry of Labor of the Russian Federation began to formulate proposals to increase the minimum wage and subsistence level. In addition, the speaker of the State Duma Vyacheslav Volodin said that in Russia from April 1 will raise social pensions, teenagers will be allowed to use “Gosuslugi”, Russians will simplify payment by mobile phones, and families with children will receive a new payment.

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