Gross regional product makes 101.3 per cent, while index of industrial production is 100.5% per cent in Tatarstan for nine months of 2014

Head of the republic continued that the situation with tax collection may change by the end of the year. In particular, Tatartsan President said that the republic sees a decline in personal income tax collection. As many as 13 regions of the republic have fulfilled the planned assignment by 70 per cent only. This, according to Tatarstan President, may be connected with the “grey” salaries. Minnikhanov said that regulatory and law-enforcement agencies should take part in dealing with this important matter and interdepartmental commissions on improving living standards and legalizing income should intensify their work as well.

Minnikhanov also offered to pay particular attention to the situation with bankrupt enterprises. He said that 23.4 per cent of the regional enterprises are unprofitable and facing the risk to turn bankrupt.

Rustam Minnikhanov reminded that October-November is the time to pay property taxes by individuals and asked tax authorities to intensify their work in this regard. Municipalities also need to enhance their efforts on land tax collection, he said.