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Trump promised US citizens tax cuts in address to Congress
US President Donald Trump has renewed efforts to cut taxes, highlighting the successes of his economic policies. He proposed tax breaks to boost economic growth, including the elimination of taxes on tips and overtime pay, and called for bipartisan support.
Business activity indicators in the Russian service sector have reached a six-month low
In February 2024, the PMI index, reflecting business activity in the Russian service sector, dropped to 50.5 points, becoming the lowest value in the last six months. In January, this indicator was 54.6 points.
Russians' spending on car service stations increased by an average of 14% in 2024.%
The average cost of car maintenance increased by 14%, reaching 3,767 rubles. At the same time, the total number of calls to car services increased by 11%.
In Russia, it was proposed to increase the installment limit to 50 thousand rubles.
The Russian government has taken the initiative to increase the maximum amount of purchases through installment payment services (BNPL) to 50 thousand rubles.
The Cabinet of Ministers named the projects that will receive funding from the NWF
The new initiatives include 12 new major projects that will cover areas such as transport, healthcare, education, culture, and the environment.
Russians owe banks more than 500 billion rubles on credit cards
The amount of payments that were not repaid in 90 days increased by 27% compared to January 2024, amounting to 510 billion rubles.
Geolocation data will not replace a tax check, but it will help clarify information about the client.
The Russian Ministry of Finance has stated that the geolocation data of bank customers will not be directly used to automatically determine their tax residency. However, such information will be the basis for a request to update customer data.