The 68-year-old strongman's future has been the subject of increasing speculation after prominent critic Professor Valery Solovei suggested the leader had Parkinson's and that his family urged him to retire in the new year.
But on Friday morning, Kremlin spokesman and deputy chief of staff Dmitry Peskov insisted Putin was in 'excellent health' and dismissed Parkinson's claims as 'complete nonsense'.
Asked if Putin was planning to step down in the near future as Solovei had suggested, Peskov replied 'no' adding 'Everything is fine with the President.'
It comes as it emerged that Putin is making retirement plans by introducing a new bill which would make him a senator for life and guarantee him life-long immunity after office.
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Footage has circulated in Russia of Putin's legs moving around as he gripped onto the armrest of a chair, suggesting his ill health. Eyes are also drawn to a twitching pen in the former KGB operative's fingers and a cup which analysts have suggested were filled with painkillers.
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It is not the first time that people have speculated that Putin may be suffering from Parkinson's disease.
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Others have previously noted his 'gunslinger's gait' – a clearly reduced right arm swing compared to his left, giving him a lilting swagger.
This comes as Putin is introducing plans to guarantee him immunity after office, which state-run RT media say will be seen 'as a sign that the groundwork is being laid for an eventual transition of power in Russia'.
Putin and any subsequent ex-president will be permitted within three months of leaving the presidency to become a member of the Federation Council, the country's upper house or senate, for life.
Russian presidents are currently only protected for actions taken while they were in office, whereas the new law will guarantee them immunity for any alleged crimes committed before, during or after presidency.
It would mean Putin would be protected over allegations of corruption which have persisted since the 1990s when he was a deputy to the mayor of St Petersburg.
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The Russian leader's popularity ratings have fallen this year amid his handling of the coronavirus pandemic and poverty, and Putin could be looking to protect himself should the tide turn.
The president's advisers have always poured scorn on the notion that his health is failing and Putin has cultivated an athletic image: riding horses, wrestling, playing ice hockey and swimming in frigid lakes.
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The law comes just four months after Putin changed the constitution to permit him a tsar-like hold on power by seeking a new six year term in 2024, and again in 2030, meaning he would by 83 when he could relinquish power in 2036.
Putin's spokesman Dmitry Peskov said of the senatorial shift: 'This is the practice that is being applied in many countries of the world, and it is quite justified.
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