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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...
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 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...
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...
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...
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...
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 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...
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...
The Federal Tax Authority, FTA, has called on tax agents to comply with the five ‘Professional Standards for Tax Agents’, published in a new guide on the subject, in all...
