World

Putin Signs Law To Write Off Debts For Military Personnel

Russian President Vladimir Putin has approved legislation allowing participants in the Special Military Operation (SMO) and their spouses to write off overdue loans up to 10 million rubles (approximately $96,000). This initiative, effective December 1, targets mobilized soldiers, conscripts (excluding military academy cadets), and individuals signing at least a one-year contract with the Russian Armed Forces post-December 1.

Eligibility Criteria

To qualify, debts must already be subject to court rulings with enforcement proceedings initiated before December 1. The relief excludes liabilities such as compensation for harm, child support payments, and corruption-related penalties.

Broader Implications

The law aims to alleviate financial burdens for military personnel and their families while ensuring that specific legal obligations remain enforceable.

Also Read: Clive Lloyd Calls For More Leaders Like PM Modi After Memorable Meeting

Richa Kaushik

Recent Posts

4415 Indians Evacuated From Iran And Israel Under ‘Operation Sindhu’: MEA

India evacuated 4,415 nationals from Iran and Israel under Operation Sindhu, the MEA said Friday,…

4 hours ago

PM Modi To Embark On Five-Nation Tour To Strengthen Global Partnerships

PM Narendra Modi will embark on a five-nation tour from July 2, visiting Ghana, Trinidad…

5 hours ago

Allahabad HC Directs UPPSC To Allow Petitioner A Scribe For PCS Main Exam

The Allahabad HC has directed the UPPSC to allow petitioner Sameer Khan to use a…

5 hours ago

Allahabad High Court Slams UP Officials For Defying Judicial Orders

The Allahabad High Court strongly rebuked three senior officials from Baghpat district, the Collector, SDM…

5 hours ago

Adani Group Becomes India’s Fastest-Growing Brand, Driven By Green Energy Focus

The Adani Group has emerged as India’s fastest-growing brand in 2025, registering a massive 82%…

6 hours ago

Pakistan: Flash Floods In Swat Sweep Away 18 Tourists; Claim Seven Lives

Flash floods struck Swat district, on Friday, sweeping 18 tourists, including women and children, into…

8 hours ago