Category: News

State Duma Passes 2026-28 Budget and Tax Increase Bills Текст: State Duma lawmakers on ThursdaypassedRussia’s three-year federal budget and a package of tax increases, bills aimed at shoring up government revenues as spending on the war against Ukraine remains a top priority for the Kremlin. Under the budget plan, the government expects revenue of 40.3 trillion rubles ($491.7 billion) next year and spending of 44 trillion rubles ($548.3 billion), leaving a projected deficit of 3.8 trillion rubles ($47.3 billion). Defense and national security will account for roughly 38% of all spending in 2026, or 16.8 trillion rubles ($209.5 billion), which is slightly lower than in the previous two years but still far above pre-war levels. Lawmakers sought to highlight funding for domestic programs, including more than 10 trillion rubles ($124.6 billion) for family support measures and 50 billion rubles ($623 million) for a state-backed charity foundation that assists soldiers fighting in Ukraine and their families. Although overall spending will remain broadly stable, budget allocations reveal that the Kremlin’s priorities continue to lie in foreign policy and defense. Alongside the budget plan, the State Duma approved a series of tax changes aimed at closing the fiscal gap created by soaring military expenditures and falling oil and gas revenues under Western sanctions. Russia’s value-added tax (VAT) will increase to 22% from 20%, a move expected to raise consumer prices higher. Economists, including those at the Financial Ministry, havesaidthey anticipate a modest rise in inflation as the VAT hike takes effect starting next year. More small businesses will also be swept into the tax system. The annual revenue threshold for companies required to pay VAT will drop from 60 million rubles ($732,000) to 10 million rubles ($122,000). Some lawmakers havewarnedthat the change could strain small businesses and individual entrepreneurs, many of whom earn less than 200,000 rubles ($2,500) a month after taxes and salaries. Economists estimate the full package, which also includes a new levy on betting company profits, could bring in nearly 3 trillion rubles ($35 billion) in additional revenue. State Duma Speaker Vyacheslav Volodin said Thursday that lawmakers had approved the federal budget and tax hikes “under difficult circumstances,” citing more than 30,000 sanctions imposed on Russia and what he called “unfriendly actions” by the EU targeting Russian assets. The 2026-28 budget passed with 349 votes, while 56 lawmakers — mostly from the Communist Party — abstained. Only one deputy, Anton Krasnoshantov of the ruling United Russia party, was recorded as voting against the bill, though his “no” vote was allegedly the result of a technical error. The federal budget and tax bills now head to the Federation Council, where they are expected to receive swift approval before being sent to President Vladimir Putin’s desk for his signature.

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Source link : https://london-news.net/state-duma-passes-2026-28-budget-and-tax-increase-bills%D1%82%D0%B5%D0%BA%D1%81%D1%82-state-duma-lawmakers-on-thursdaypassedrussias-three-year-federal-budget-and-a-package-of-tax-increases/ On Thursday, lawmakers in the State Duma passed Russia’s federal budget for the next three years, along with a series of tax hikes designed to bolster government revenues amid continued priority…

Inside the Impact: Exploring the Sights and Sounds of Trump’s Immigration Crackdown in Chicago

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Source link : https://chicago365.info/2025/11/22/inside-the-impact-exploring-the-sights-and-sounds-of-trumps-immigration-crackdown-in-chicago/ Chicago witnesses stark scenes as Trump’s immigration crackdown intensifies. Increased ICE raids and detentions spark protests and heightened tensions, highlighting deep community divisions. Reporting from FOX21 News Colorado. —- Author :…

Slovenia vs Kosovo Highlights: Visitors Secure Playoff Spot with 2-0 Victory in FIFA World Cup 2026 European Qualifiers

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Source link : https://love-europe.com/2025/11/21/slovenia/slovenia-vs-kosovo-highlights-visitors-secure-playoff-spot-with-2-0-victory-in-fifa-world-cup-2026-european-qualifiers/ In a crucial clash of the FIFA World Cup 2026 European Qualifiers, Kosovo secured a vital 2-0 victory over Slovenia, solidifying their place in the playoff stage. The visitors displayed clinical…

Mytykbek Orolbai Ready to Welcome Hermansson to 170: “With God’s Help, Smash”

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Source link : https://yourblogdomain.com/2025/11/22/mytykbek-orolbai-ready-to-welcome-hermansson-to-170-with-gods-help-smash/ Source link : https://sports-info.online/2025/11/22/mma/mytykbek-orolbai-ready-to-welcome-hermansson-to-170-with-gods-help-smash/ Mytykbek Orolbai is set to welcome Jack Hermansson to the 170-pound division. Confident and focused, Orolbai declared, “With God’s help, smash,” signaling his readiness to dominate the…

Newcastle vs Manchester City – Premier League LIVE: Latest score, team news and updates as Harvey Barnes adds a second goal to put hosts back in front after Ruben Dias cancelled out opener

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Source link : https://intellinews.org/2025/11/22/newcastle-vs-manchester-city-premier-league-live-latest-score-team-news-and-updates-as-harvey-barnes-adds-a-second-goal-to-put-hosts-back-in-front-after-ruben-dias-cancelled-out-opener/ Follow Daily Mail Sport’s live blog for the latest score, team news and updates as Newcastle host Manchester City in the Premier League at St James’ Park. Source link : https://www.dailymail.co.uk/sport/football/article-15302315/Newcastle-vs-Manchester-City-Premier-League-LIVE-Latest-score-team-news-updates-Pep-Guardiolas-men-look-reduce-gap-league-leaders-Arsenal.html?ns_mchannel=rss&ito=1490&ns_campaign=1490…

Kevin Byard’s Straightforward Message to the Chicago Bears: “We Haven’t Accomplished Anything Yet

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Source link : https://chicago365.info/2025/11/22/kevin-byards-straightforward-message-to-the-chicago-bears-we-havent-accomplished-anything-yet/ Tennessee Titans safety Kevin Byard delivered a blunt message to the Chicago Bears: despite early-season efforts, “We haven’t accomplished anything yet.” His call for focus underscores the team’s work ahead. —-…

University of Houston Athletic Director: School Ready to Maximize Athlete Pay Under New NCAA Rules

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Source link : https://houston365.info/2025/11/22/university-of-houston-athletic-director-school-ready-to-maximize-athlete-pay-under-new-ncaa-rules/ University of Houston Champions Full Athlete Compensation Under New NCAA Guidelines Houston’s Progressive Stance on Student-Athlete Remuneration The University of Houston is spearheading a transformative approach in collegiate athletics by committing…

Manchester United vs Everton: Preview, Predicted Lineups and The place to Watch

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Source link : https://yourblogdomain.com/2025/11/22/manchester-united-vs-everton-preview-predicted-lineups-and-the-place-to-watch/ Source link : https://soccer-news.info/2025/11/22/premier-league/manchester-united-vs-everton-preview-predicted-lineups-and-the-place-to-watch/ Everton will return to motion following the worldwide break with a conflict towards Manchester United at Previous Trafford on Monday night time. The Toffees went into the…

Why Is the University of Phoenix Up for Sale?

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Source link : https://usa365.info/why-is-the-university-of-phoenix-up-for-sale/ The University of Phoenix is being sold as part of a strategic move to address financial challenges and evolving market demands in higher education, aiming to stabilize operations and invest in…

Municipales : l’ancien rugbyman Serge Blanco s’apprête à se lancer à Biarritz

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Source link : https://intellinews.org/2025/11/22/municipales-lancien-rugbyman-serge-blanco-sapprete-a-se-lancer-a-biarritz/ Le sportif et homme d’affaires doit confirmer sa candidature dans les prochains jours à la tête d’une liste citoyenne. Source link : https://www.lefigaro.fr/elections/municipales/municipales-l-ancien-rugbyman-serge-blanco-s-apprete-a-se-lancer-a-biarritz-20251122 Author : Publish date : 2025-11-22 09:00:00 Copyright…