The photo has been used for illustrative purposes.
India’s goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major revenue losses, two government officials said.
India cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low that has led to major job losses and fueled discontent in the countryside.
Some business leaders have expressed concerns over the lockdowns by many states after a surge in infections, fearing that it could hit consumer demand and sales as well as tax collections.
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
Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman and Chief Executive of Emirates Airline and Group;
Abu Dhabi Global Market (ADGM) accomplished several notable achievements in 2022, making it the fastest-growing International Finance Corporation (IFC)
Hosted by the Embassy of Italy in Abu Dhabi, in partnership with Il Sole 24 Ore, Italy’s leading business newspaper, the seminar “Italy and the UAE towards COP28