At today's session, the government of the Republic of Serbia adopted the 2022 Budget Bill, which envisages total budget revenues and proceeds in the amount of RSD 1,516.8 billion, this document being primarily of a developmental nature.
At today's session, the government of the Republic of Serbia adopted the 2022 Budget Bill, which envisages total budget revenues and proceeds in the amount of RSD 1,516.8 billion, this document being primarily of a developmental nature.
In the structure of total revenues, tax revenues amount to RSD 1,317.9 billion or 86.9 percent, while non-tax revenues amount to RSD 175.7 billion or 11.6 percent of total budget revenues of the Republic of Serbia. The rest consists of donations in the amount of RSD 23.4 billion, which makes 1.5 percent of the total income.
The budget proposal envisages total expenditures and expenses in the amount of RSD 1.717 billion. The projected general government deficit in 2022 is three percent, with the public debt at the central level of government at the end of 2022 being up to 55.5 percent.
The budget envisions an increase in pensions and salaries in the public sector. According to the applied Swiss formula, pensions will be higher by 5.5 percent, and all pensioners will receive an additional RSD 20,000 at the beginning of next year.
When it comes to salary increases, salaries of public sector employees are expected to increase by seven percent, while salaries for employees in the army, health and social services will increase by 8%.
Also, from 1 January, the minimum wage is expected to increase by 9.4 percent, so the minimum wage will exceed RSD 35,000 (RSD 35,012) for the first time.
It is also planned to increase the non-taxable part of the gross salary from RSD 18,300 to RSD 19,300, while at the same time reducing the rate of PIO contribution at the expense of the employer by 0.5 percent.
The budget envisages RSD 486 billion for capital investments at the level of the general state, which is 7.3 percent of GDP.
When it comes to amendments to the Law on Property Taxes, the most important ones refer to the manner of determining the tax on the transfer of absolute rights to used motor vehicles, which is done between natural persons who are not liable for value added tax.
The proposed solution will determine the tax on that transfer by self-taxation (by applying the prescribed elements, according to the prescribed formula), which will reduce to a minimum the time necessary for fulfilling tax obligations, as well as for changing the traffic licence.
When it comes to the Bill on Amendments to the Customs Law, it simplifies the administrative procedure – instead of the current deadline for the customs authority to decide on the request for protection of intellectual property rights of 120 days, the 30-day deadline is regulated by the Law on General Administrative Procedure.
At today's session, the Bill on Budget Inspection was adopted, which stipulates that a budget inspector can only be a person who has acquired higher education in the scientific field of economics or law for at least four years.
At the session, a decision was made that, due to its cultural-historical and urban-architectural values, Tasmajdan, together with the University Centre in Belgrade and the residential-business centre Genex, be established as a spatial cultural-historical whole.