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    Greek PM vows tax cuts in first cabinet meet

    Greek PM vows tax cuts in first cabinet meet

    10 Jul 2019

    Greece’s new conservative Prime Minister Kyriakos Mitsotakis said on Wednesday he would honour a pledge to cut tax that could impact the country’s tight fiscal targets. Addressing his first cabinet...

    UAE sets daily maximum limit of Dhs7,000 for VAT refunds

    UAE sets daily maximum limit of Dhs7,000 for VAT refunds

    07 Jul 2019

    UAE has set a daily maximum limit of Dhs7,000 for cash refunds of Value Added Tax (VAT) for tourists applying through the Tax Refunds for Tourists Scheme. New refund...

    OSPs deposit $7.5 billion in banks

    OSPs deposit $7.5 billion in banks

    07 Jul 2019

    The National Assembly’s Standing Committee on Finance has showed dissatisfaction over the FBR’s performance to bring people into the tax system out of total 152,000 bank account details received from...

    India raises import tariffs, taxes on super rich as it seeks growth

    India raises import tariffs, taxes on super rich as it seeks growth

    05 Jul 2019

    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...

    Tax money will be spent for public welfare, assures PM

    Tax money will be spent for public welfare, assures PM

    25 Jun 2019

    Tariq Butt Prime Minister Imran Khan has participated in Geo News’ special transmission on asset declaration scheme. He and his finance team responded to questions from the chambers of commerce...

    PM’s appeals fail to elicit response to tax amnesty

    PM’s appeals fail to elicit response to tax amnesty

    23 Jun 2019

    Tariq Butt Despite repeated warnings and announcements from Prime Minister Imran Khan and other top functionaries of the government, the response on tax amnesty scheme is dismally low as so...

    New liquidity requirement for NBFCs credit positive: Moody’s

    New liquidity requirement for NBFCs credit positive: Moody’s

    04 Jun 2019

    Credit rating agency Moody’s on Tuesday said the new liquidity requirement for non-bank finance companies announced by the RBI is credit positive since it will reduce their risk due to...

    India’s GST collection up 6.67% in May

    India’s GST collection up 6.67% in May

    04 Jun 2019

    The Goods and Services Tax (GST) collection for the month of May rose 6.67 per cent to Rs1,00,289 crore from a year ago period staying above Rs1 lakh crore in...

    India’s 2018-19 fiscal deficit at 3.39% of GDP, lower than target

    India’s 2018-19 fiscal deficit at 3.39% of GDP, lower than target

    02 Jun 2019

    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...

    Cabinet clears VAT revenues distribution between federal, local governments

    Cabinet clears VAT revenues distribution between federal, local governments

    30 May 2019

    The UAE Cabinet has approved distribution of the Value-Added Tax (VAT) revenues totalled approximately Dhs27 billion between the federal and local governments. According to the decision 30 per cent...

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