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Tag: Tax

The African world of tax

The African world of tax

The recent changes and amendments in the taxation area of African countries: Ghana: The Ghana parliament has abolished the customs duty on spare parts of two wheelers and has introduced an import levy of 0.2% on all imports coming on from countries who are not the members of the African Union (AU). The government has […]
CBDT introduces mandatory electronic scrutiny assessments from the financial year of 2017-2018

CBDT introduces mandatory electronic scrutiny assessments from the financial year of 2017-2018

Introduction: The Central Board of Direct Taxes has issued a circular(1) stating that scrutiny assessment proceedings shall be carried on electronically with effect from the current financial year of 2017-2018. It has been further clarified that there will be no requirement of personal appearance before the authorities with an exception of certain clauses. This circular […]
Amendments in Oman Tax Law

Amendments in Oman Tax Law

Introduction The Sultanate of Oman has recently issued a new Royal Decree which bought a wide-ranging impact on the existing income tax law in the country. This law was published in the official gazette on 26th February 2017. This article aims to share the major highlights and the impacts of the newly introduced amendments. The […]