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State Duma backs exemption of financial aid to students from taxation

13:33 12/09/2019

MOSCOW, September 12 (RAPSI) – The State Duma adopted a bill exempting financial aid to students from personal income taxation in the third reading on Thursday.

Amendments proposed by the State Duma deputy chair Irina Yarovaya are expected to be introduced to the Tax Code.

Under the bill, starting January 1, 2020, financial aid to students, candidates, adjuncts, resident physicians not exceeding 4,000 rubles (about $60) per a calendar year is to be exempted from taxation.


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State Duma backs exemption of financial aid to students from taxation

13:33 12/09/2019 The State Duma adopted a bill exempting financial aid to students from personal income taxation in the third reading on Thursday.
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