Deduction for long-term savings for a family with children will increase to 1 million rubles
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- Deduction for long-term savings for a family with children will increase to 1 million rubles
Партийный переулок, д. 1, к. 57, с. 3
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Москва, Россия
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The Ministry of Finance of the Russian Federation has prepared amendments to the Tax Code that will increase the tax deduction for long-term savings products for a family with children to 1 million rubles. This was announced on July 15 on the agency's website.
"The maximum amount of tax deduction for long–term savings products for a family will be 1 million rubles, including 500 thousand rubles for each parent," the message says.
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