His Highness Sheikh Humaid Bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued Emiri Decree No. 10 of 2019, passing the Ajman Government General Budget for the fiscal year 2020.
Japan’s government has approved a record budget spending worth $939 billion for the coming fiscal year, the Ministry of Finance said on Friday, as it tries to balance the need to boost growth and manage
Indian markets on Tuesday made up for the losses it incurred on Budget day supported by a sharp decline in global oil prices. Sensex added 917 points during the day’s trade led by index-heavyweights like Reliance Industries, HDFC twins, ITC and ICICI Bank.
"The budget appears to have ignored the needs of our state cutting across sectors. The share of taxes is going to suffer and it only remains to be seen to what extent the drop would be. Not a single demand of our infrastructural needs have been addressed. Overall, Kerala has got nothing to cheer," he said in a statement.
India’s Finance Ministry has hastened to dispel the apprehensions of millions of Indian expatriates in the Gulf who may believe they are being brought under the ambit of Indian tax laws.
There is a killer provision pertaining to non-resident Indians in the Union Budget for 2020-21 which states that an NRI who is not taxed in a foreign country will become taxable in India.
The non-resident Indians shared their mixed reactions with Gulf Today on the Modi’s government Union Budget 2020-21 on Sunday. Adeeb Ahamed, MD, LuLu Financial Group: “It is encouraging to see the government opening up the education sector to FDIs.
Pakistan’s ruling party on Friday vowed to double healthcare spending as it unveiled Rs7.13 trillion tax-free deficit federal budget which dramatically slashed other expenditure with the coronavirus pandemic wreaking havoc on the economy.
The Rs7.13 trillion tax-free deficit federal budget was presented in the National Assembly on Friday with its major portions allocated for debt servicing and defence.
Prime Minister Imran Khan has chaired meeting of National Economic Council (NEC) in Islamabad and deliberated on economic affairs of the country. According to details, the participants have suggested to cut federal and provincial development budgets by 18 per cent.