![President Vladimir Putin meeting with Economic Development and Trade Minister German Gref and Tax Minister Gennady Bukayev (left), and Labour and Social Development Minister Alexander Pochinok (right).](http://static.kremlin.ru/media/events/photos/big/9RsDAmuTAbMeQ0pfYXmhLeBbMfI0aLgA.jpeg)
The agenda was dominated by unified social tax reduction. Mr Putin ordered the Government to take urgent action. The threshold taxable wage starting from which the fiscal rate will deduct will go down from an annual 50,000 roubles per employee to 30,000 roubles.