INNOVATIVE FINANCIAL TECHNOLOGIES OF WAGE GROWTH AND DEDUCTIONS FOR THE DEVELOPMENT OF LLC “LONG STRAIT” DURING THE DEVELOPMENT OF PLACERS ON THE LICENSE AREA OF THE RYVEEM RIVER

UDC 338.984; 338.012; 339.562; 330.45
DOI: 10.36871/ek.up.p.r.2023.09.01.023

Authors

Evgeny V. Sokolov,
Evgeny V. Kostyrin,
Bauman Moscow State Technical University, Moscow, Russia
Mikhail A. Frolov,
JSC Elkon MMC, Aldan, Russia

Abstract

The proposed innovative financial technologies for the development of LLC “Long’s Strait” during the development of placers on the license area of the Ryveem River, harmoniously combining the interests of working citizens, owners and the state, make it possible for 9 years: to ensure revenue growth by 6,58 times, increasing tax revenues to the budget by the same amount of value added tax; to increase the financial result 8,03 times, providing the same increase in income tax; increase the average salary by 7,04 times, which will increase income tax and social contributions by the same number of times; to increase the deductions for the development of the enterprise by 9,05 times, allowing to fully repay the loan and ensure the intensive progressive development of the enterprise.

Keywords

economic and mathematical model, pension fund, working citizen, social state, salary, insurance pension, funded pension, pension provision, personalized pension account, breakthrough financial technology.