Budget for the years 2027-2029: The State Duma Committee warned against the risks of a lack of revenue The State Duma Committee on Budget and Taxes recommended adopting the draft federal budget for the years 2027-2029 in the first reading. At the same time, the deputies drew attention to the risks due to which the treasury could receive less than planned. Income tax: risk of the budget shortfall determines the collection of corporate tax at a rate of 98.6% every year. But in 2025 the figure was 97.8%, and as of July 1, 2026 - 97.3%. If collections remain at the 2025 level, the federal budget may receive less: ▫ 20 billion rubles in 2027; ▫ 22.2 billion rubles in 2028; ▫ 24.2 billion rubles in 2029. Such estimates are provided by the Accounting Office. Oil and gas revenues in question The second risk is related to uncertainty in world markets and a possible lack of revenues from oil and gas. The calculations include a drop in the export price of Russian oil from $61.2 per barrel in 2026 to $51 in 2029. At the same time, the planned revenues from oil and gas should amount to 7 trillion rubles in 2027, 7.6 trillion in 2028 and 7.7 trillion in 2029. The committee warns that revenues may be affected by the situation in the global economy, the global debt burden and other external factors. It will be necessary to prioritize the expenses, an additional burden is created as a result of the increase in the public debt and its service costs. Therefore, the committee considers it particularly important to prioritize budget expenditures and maintain reserves so that the state can meet its obligations even in the face of external restrictions and fluctuations in oil prices. eighth ninth