life in Russia

Putin signs amendments to pension laws

Russian President Vladimir Putin has signed amendments to the pension legislation. "President of Russia V.V. Putin has signed the Federal Law ‘On Amending Some Legal Acts of the Russian Federation concerning …

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Bill on pension reform adopted in Russia

The Russian State Duma, the lower house of the Russian parliament, has adopted the bill on pension reform in the third and final reading. According to the bill, the age of 65 years would be set as retirement age for men, and 60 years for …

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Poverty reduces in Russia

The poverty has declined in Russia by 1.1 million people in the first six months of this year compared to the same period last year, Russia's Deputy Prime Minister for Social Policy Tatyana Golikova said. …

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Putin explains retirement age reform (VIDEO)

Russian President Vladimir Putin said in his televised address today that the retirement age for women should be 60 rather than 63, according to the president's official address posted on the Kremlin website.  …

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Free health care for Russians?

High-tech medical care in Russia will be financed from the federal budget, it was in place in the draft budget and planned to be carried out in the 2020/21 period, Russia's Deputy Prime Minister Tatyana Golikova …

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Russia's VAT rate hike bill passed in second reading

Russia’s State Duma passed the bill on raising value-added tax (VAT) to 20% from 18%, starting from 2019, in the second reading today.  The insurance contributions are currently paid in full at a rate of 30% for an …

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Russia's pension reform to be adopted in first reading

Accounts Chamber of Russia has found several shortcomings in the government’s bill on raising the retirement age, while having no conceptual remarks to the document, according to the letter to the Chairman of the Duma Committee on …

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Russians go bankrupt on massive scale

In January-June 2018, 19053 citizens were declared bankrupt by Russian courts. This is 45% more than the same period in 2017, according to the reports of arbitration managers published on the Federal Reserve (the Federal Register on …

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