Retirees and veterans may be exempt from income tax on deposits

Retirees and veterans may be exempt from income tax on deposits


State Duma deputies Yana Lantratova and Nina Ostanina called on Prime Minister Mikhail Mishustin to permanently exempt from tax the income of pensioners, veterans and their families in the form of interest received on bank deposits.

In the letter, the parliamentarians recalled that the measure to exempt such income received in 2021 and 2022 from taxation was adopted in March of last year, and it turned out to be very timely and became a good example of tax support for citizens.

According to the authors of the initiative, in the current conditions, when the population’s income is falling and prices are rising, this measure is still relevant and “needs to be expanded.”

Vera Sergeeva.

Photo: pixabay.com

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