RUSSIA: On for two months increased the fees of insurance premiums to 692 billion rubles

Transfer of administration of insurance contributions to the Federal tax service has led to the increase in fees — an increase in revenues of the state budget funds for the first two months of 2017, up 2% compared to the same period last year, said the head of the FTS Mikhail Mishustin, speaking on Tuesday at the Board of tax service.

The administration of compulsory insurance contributions, which is reported in the Pension Fund of the Russian Federation, FOMS and FSS from the 1 January 2017 provides tax service. Previously this was done by the FIU. Read the full story

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