The difference between the Total Unpaid Administrative Penalties imposed before 28 June 2021 and Total Unpaid Administrative Penalties reversed after 28 June 2021.
The Federal Tax Authority (FTA) has intensified its inspection campaigns in the local markets in collaboration with the Ministry of Economy, the Federal Customs Authority
Khalid Al Bustani called on tax registrants to take advantage of the important benefits provided by the new amendment as it provides more relief to business sectors in order to support their effective contribution to boosting the national economy's growth.
The Federal Tax Authority (FTA) has called again on registrants to benefit from Cabinet Decision No. 49 of 2021 on Amending Provisions of Cabinet Decision No. 40 of 2017
The Federal Tax Authority also called on consumers to ensure that there are digital tax stamps on tobacco packages that they are buying and inform the competent regulatory authorities should they discover any violating dealers.
US consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation continued to subside, which could give the Federal Reserve room to further slow the pace of its interest rate hikes next week.
Sri Lanka’s economy could contract by -3.5 per cent or -4.0 per cent in 2023 after shrinking -11 per cent last year, President Ranil Wickremesinghe said. “From 2024, we will take this economy to positive growth.
In response to the continued rapid growth of Dubai’s digital industries and the growing start-up culture in the emirate, Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers,