MOSCOW, March 19. /TASS/. Tax revenues of Russia’s budget system are expected at 52.5 trillion rubles ($571 bln) in 2024, which is 12% higher than in 2023, Head of the Federal Tax Service Daniil Egorov said.

"Regarding the projected [tax revenues of the Russian budget system] for this year, a 12% increase [is expected]. We plan to reach the level of 52.5 trillion rubles with a 12% rise, as I said, which amounts to 5.7 trillion rubles," he said.

According to files provided by the Federal tax Service, consolidated budget revenues are expected to gain 11% to 40.4 trillion rubles ($439.5 bln), while federal budget revenues are projected to grow by 20% to 23.6 trillion rubles ($256.7 bln).

Non-oil and gas revenues of Russia’s federal budget are expected at 12.5 trillion rubles ($136 bln), a 6% rise compared with 2023.