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Putin and Kremlin officials to submit income declarations on time

Under the Russian law, senior officials are obliged to report their income by April 1 each year

MOSCOW, March 31 /TASS/. Russian President Vladimir Putin and all Kremlin officials will submit income and spending declarations for 2016 within the prescribed period before April 1, the Russian President’s spokesman Dmitry Peskov told reporters when answering a question from TASS.

"Before April 1, all the declarations will be submitted, of course" the Kremlin spokesman said.

Under the Russian law, senior officials are obliged to report their income by April 1 each year.

This data is published after verification in about two weeks after the deadline for submitting of declarations.

The presidential decree regulating publication of data on incomes and property of state employees and members of their families on official websites of the government authorities and in media was signed in 2009.

In 2013, a law came into force that obliged officials and members of the parliament to report not only on incomes, but also on large spending - such as transactions for the acquisition of land, real estate, cars, securities and shares, if their amount exceeds the total income of a civil servant and his/her spouse for the last three years.