Russia Planning to Increase Minimum Monthly Wage for 2026

The Russian State Duma is considering a draft law to increase the minimum monthly wage (salary). Last increased to RUB 22,440 per month with effect from 1 January 2025, the draft law increases the minimum monthly wage to RUB 50,000 with effect from 1 January 2026. The minimum wage value is used for various tax purposes, including national insurance contributions for SMEs, which was reduced from…
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