The price of the issue // Deputy Chairman of the State Duma Committee on Property, Land and Property Relations Nikolai Nikolaev on the introduction of escrow accounts

Until 2018, a significant share of the new build market was in the gray zone. Every year, developers collected about 1.7 trillion rubles from equity holders: most of this amount practically passed by the state due to the lack of clear requirements for developers and the movement of funds contributed by buyers. This was the … Read more

Kudrin reproached the government for insufficient elaboration of the budget before submitting it to the State Duma

More than 500 amendments introduced by the government to the consideration of the draft law on the budget in the second reading are too many, says the head of the Accounts Chamber Alexei Kudrin. In his opinion, this indicates an insufficient study of the draft budget before submitting it to the parliament. Speaking at a … Read more

The State Duma told about the laws coming into force in December

On December 1, the law on pre-trial blocking of sites advertising financial pyramids comes into force. This was announced on Sunday, November 28, in the State Duma (Duma), listing the innovations that will take effect in Russia in December this year. In addition, from the beginning of December, Russia will introduce administrative liability for violation … Read more

The State Duma adopted a law on the federal budget for three years

The draft federal budget for 2022-2024 was adopted in the third and final reading. As planned when the draft was considered in the second reading, in the next two years the budget will be in surplus: in 2022, the excess of revenues over expenditures will amount to 1.33 trillion rubles, in 2023 – 0.3 trillion … Read more