Total income of Tatarstan’s consolidated budget excluding federal funds estimated at 148.1 bln roubles for 2013

Tatarstan’s Minister of finance Radik Gaizatullin told about formation of revenue part of the Tatarstan budget in 2013 at a session at the RT Cabinet. The session was dedicated to estimated figures of social and economic development of the Republic of Tatarstan in 2013-2015.

The event was chaired by the Tatarstan Prime Minister Ildar Khalikov with participation of the RT President Rustam Minnikhanov.

The session was held in format of video conference with all municipal regions.

According to head of the ministry, most solid sources of the budget income are income tax, personal income tax, and corporate property tax. In total, they make 74 percent of the consolidated budget and 78 percent of the republican budget.

In 2013, personal income tax of the consolidated budget is expected to make 49.7 bln roubles, and of the republican budget-29.8 bln roubles. The income tax is estimated at 45 bln roubles.

The data of monitoring of the republican large and medium organisations, tendencies of tax payment in the republican economic sectors were taken into account upon estimating tax revenues.

The land tax is a substantial source of income for municipal budgets. It is expected to make 5.4 bln roubles in 2013. The inflow of the transport tax is estimated at 2.15 bln roubles.

The republican budget income will make 116.3 bln roubles in 2013, 120.5 bln roubles in 2014, and 127.0 bln roubles in 2015, respectively.