A cashier checks Rs500 note at a fuel station in Ahmedabad, India. Reuters
In line with its ongoing efforts to create an ideal investment environment internationally, the UAE, in coordination with the relevant authorities in India, has managed to reach tax exemptions for the UAE’s sovereign investments
India raised import tariffs on nearly 75 items including gold and automobile parts in its budget on Friday and increased taxes on the rich to help pay for recapitalising banks and supporting small business in a bid to revive sagging growth.
India’s foreign exchange reserves declined by $2.057 billion during the week ended May 17, official data showed. According to the Reserve Bank of India’s weekly statistical supplement, the overall forex reserves decreased to $417.998 billion from $420.055 billion reported for the week ended May 10.
India met its fiscal deficit target for 2018-19, which came in at 3.39 per cent of gross domestic product (GDP), slightly lower than 3.4 per cent estimated in the revised estimates of the budget, on the back of an increase in non-tax revenue and lower
US stocks joined a worldwide downdraft on Wednesday as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak.
The Sharjah Economic Development Department, SEDD, lauded the package of incentives and decisions approved by the Government of Sharjah to support the government and private entities, as well as business sectors and individuals.
DED-Ajman announced a package of new digital services available on its website and smart application 24 hours a day, 7 days a week in order to make it easier and convenient for customers under the prevailing circumstances in the world.