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Dramatic rise in tax rebate on purchase of apartment is being prepared

MOSCOW, April 26 (Itar-Tass) — The apartment purchase tax rebate may be dramatically increased: it will be not shared among the co-owners, and each of them will get from the RF budget 260 thousand roubles. The RF Finance Ministry is preparing a corresponding bill that will certainly make citizens happy.

PANKIN: SOMEBODY MUST ANSWER FOR NUMEROUS EXCHANGE GLITCHES

This Monday, the MICEX-RTS exchange had another glitch as a result of which the exchange did not work for four hours, calling the situation an emergency in the end. The incident caused sharp criticism voiced by the market players, shareholders and the Federal Financial Markets’ Service (FFMS). Head of the service Dmitry Pankin expressed the FFMS position in detail in an interview to the Vedomosti.ru publication.

MAIN COLONISER

Siberia is lost! This sort of reaction was evoked in the society by the government’s idea to create a state corporation in the development of Siberia and the Far East and appoint Boris Gryzlov as its head. “First, I did not believe in what was written, that it can be real at all, until I saw with my own eyes the bill submitted by the Economic Development Ministry for approval,” former Finance Minister Alexei Kudrin said at a Vedomosti conference. It means legalisation of the manual control of the economy, he stated: the usual mechanisms do not work, and the state is increasing the role of the subjective factor. The subordination of the new state company to personally Putin and its removal from the control of regions testifies to the state’s fiasco in the sphere of institutional reform.

“The appearance in Siberian and Far Eastern regions of luxurious glistening offices of the “colonial state company” the personnel of which will have exceptional powers, not obey any laws and take all profits from the use of natural resources, can greatly contribute to such sentiments,” a former deputy minister of energy, co-chair of the People’s Freedom Party wrote on Forbes.ru.

VEDOMOSTI