The Federal Tax Authority clarified that penalties have been set for nine types of violations of the Digital Tax Stamp Scheme.
A new shipment of cigarette packets marked with the Digital Tax Stamps approved by the Federal Tax Authority (FTA) has made it to Dubai. The Stamps will be electronically tracked to ensure Excise Tax due on tobacco products has been settled. In a press statement issued on Saturday,
"Refunding taxes for legally eligible applicants is a direct transaction between the registered business and the FTA, and does not call for any intermediaries."
The Federal Tax Authority (FTA) has launched its comprehensive awareness campaign, which seeks to introduce the objectives and procedures of the expansion of Excise Tax, and requirements for registering in the FTA’s electronic system.
Pakistan’s central bank raised its key policy rate by 100 basis points to 16% on Friday in an unexpected move to ensure high inflation does not get entrenched.
Retailers unveiled a trove of fresh seasonal promotions on Friday, as they try to coax sales from reticent shoppers whose holiday cheer has been tempered by inflation and worries over a softening economy.
The real estate and properties transactions valued at Dhs15 billion in total during the week ending 25 November 2022. The sum of transactions was 2,867.