The bill focuses on increasing the revenue of the state government. The Maharashtra Value Added Tax Act 2002 (Amendment) Bill, 2024, was passed by both houses of the legislature on Thursday.

The UAE will raise its corporate tax rate from 9% to 15% for multinational enterprises with global revenues exceeding $793 million in at least two of the last four years, effective January 2025 ...

“In almost all countries around the world, we will have a bottom limit of 15 per cent,” he added. Anurag Chaturvedi, CEO at Andersen UAE ... tax credit, along with tax credits for high-value ...

The United Arab Emirates will impose a minimum top-up tax (DMTT ... s operations in the UAE and revenue, the ministry added. A refundable tax credit for high-value employment activities that ...

The UAE has more than 450,000 companies registered for Corporate Tax, according to Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA). The figure demonstrates the strong ...

Now, they can expect the same when shopping online on their visit to the UAE. Image Credit ... for tourists - aligns with FTA's (Federal Tax Authority) plans to adopt 'proactive solutions'.

Additionally, Taxable Persons can register through authorised Tax Agents listed on the FTA’s website or at government service centres across the UAE, which provide electronic services under qualified ...

The UAE Ministry of Finance on Monday announced a series of administrative reliefs and clarifications for businesses forming tax groups. The revised provisions simplify the requirements imposed on ...

The VAT began life in the more developed countries of Europe and Latin America but, over the past 25 years, has been adopted by a vast number of developing and transition countries. A recent IMF study ...

LATEST: New UAE tax explained ... take effect for tax periods starting on or after January 1, 2026. Another incentive being considered is a refundable tax credit for high-value employment ...