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- Newsletter, U.A.E.
- May 21, 2020
- One of the most crucial parts of an effective tax strategy is knowing how to recover the VAT you’ve paid during the past tax year. Not only is it important to know if you have the right
- India, Newsletter
- May 20, 2020
- Considering the detrimental effect of the COVID-19 pandemic that has led to the lockdown for over 8 weeks, Prime Minister Narendra Modi recently announced a special economic package of Rs. 20 lakh crores.
- Newsletter, Saudi Arabia
- May 20, 2020
- The Saudi Arabian Government recently announced that the VAT or Value Added Tax will be increased from 5% to 15% as of July 1st, 2020. The increase is one of several measures that have been taken in response
- Article, Singapore
- May 19, 2020
- The SME Working Capital Loan (which has been subsumed under the Enterprise Financing Scheme), will be enhanced to increase the maximum loan quantum to S$1 million.
- Newsletter, U.A.E.
- May 18, 2020
- As per the recent FDI law update, 100% foreign ownership is allowed in mainland companies in certain sectors of the economy. The resolution allows 122 economic activities in which FDI is permitted.
- India, Newsletter
- May 14, 2020
- As per the Income Tax Act, 1961 Section 6 provides for the residential status of the individual based on the stay during the financial year that commences from April to March every year.
- Newsletter, Saudi Arabia
- May 11, 2020
- In order to mitigate the developmental and economic impact of the Coronavirus on the Saudi Arabian private sector, the General Authority of Zakat and Tax (GAZT) recently launched a number of incentives that will provide support for taxpayers
- Bahrain, Newsletter
- May 11, 2020
- It goes without saying that the economic impact of the Coronavirus pandemic has been felt on a global scale. Consequently, this has created a number of unprecedented challenges for hundreds, if not thousands of businesses in Bahrain and
- Newsletter, Oman
- May 11, 2020
- As of March 31st, 2020, tax authorities are now providing tax relief for corporations that are currently doing business in Oman and have been affected by COVID-19 as well as any Government imposed precautionary measures that were put
- Newsletter, Saudi Arabia
- May 11, 2020
- On March 20th, the Saudi Arabian Ministry of Finance published the details of its economic relief measures to benefit businesses that have suffered during the COVID-19 pandemic.
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