VAT

Chef dies after falling into vat of boiling chicken soup

In a tragic incident, a chef died after he fell into a vat of soup… Read More

Oman charges flat 5pc VAT on range of services, items starting today

Other economies to have done so are the UAE, Saudi Arabia – which last year… Read More

Oman to implement 5 percent VAT from next month

Oman will join the league of 160 countries that apply value-added tax around the world. Read More

Oman to bring in five-percent VAT

Oman on Monday announced the introduction of five-percent VAT on goods and services, to offset… Read More

Tax cut approved by ECC on sugar import: Hammad Azhar

Hammad Azhar said that the decision will facilitate private sector for sugar import besides bringing… Read More

IMF did not recommend Saudi Arabia VAT tripling

Saudi Arabia tripled VAT this month to 15% as it seeks to bolster state finances… Read More

Carmakers announce to lower prices

BMW said it would reduce prices for both domestically produced and imported models, including the… Read More

Saudi, UAE introduce VAT in first for Gulf

DUBAI: Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first… Read More

ECC approves export of additional 0.3m tonnes of sugar

ISLAMABAD: Economic Coordination Committee of the federal cabinet on Tuesday approved the export of additional… Read More

Tax-free days ending for Saudis after oil slump

RIYADH: Tax-free living will soon be a thing of the past for Saudis after cabinet… Read More

IMF announces $1.5bn loan for Sri Lanka

COLOMBO: The IMF has agreed a $1.5 billion loan for Sri Lanka in support of… Read More

Customs officials seize £900,000 from Pakistani British businessman

GLASGOW: British Customs officials seized £900,000 in a series of raids on a wealthy Pakistani-origin… Read More