Policy lowering VAT to 3 per cent reduces seller costs but demand recovery is key to stabilising the housing sector, property ...

The government and LPG industry stakeholders today (4 January) agreed on a package of temporary measures to ease the ongoing LPG supply crunch, including VAT relief on imports, cheaper loans and ...

Earlier, voluntary disclosures too carried high penalty charges and that's scaled back Also In This Package Photos: Disneyland theme park finally reopens Photos: Arabian Oryx in the Omani desert See: ...

The threshold for the VAT relief scheme and the lower limit for payment of VAT rose at the start of the year to €15,000. The Tax Administration reminds entrepreneurs that if you have been VAT ...

With the lowest standard rate of VAT at 5 per cent, as compared to anywhere in the world and a broad list of reliefs – the proposed VAT system in Oman would appear to be, comparatively, ...

Garment makers in Bangladesh have hailed the government’s decision to lift a value-added tax, or VAT, on port services for export-oriented industries, saying that it will provide some measure of ...

A binding general ruling issued by the South African Revenue Service (Sars) on 21 June 2023, brings about greater certainty concerning how the relief permitted to property developers who struggle to ...

The Uttar Pradesh (UP) government would have to weigh its options and evaluate the prevailing financial situation if it considers reviewing the rate of value added tax (VAT) on petrol and diesel in ...

Indonesia is close to extending its value added tax (VAT) relief to imported leased aircraft as a measure aimed at lowering airline's operating costs. Provision of the tax relief will likely be done ...

Ludhiana: Accepting the demand of businessmen, the additional chief secretary (taxation) has issued a formal notification for settling VAT assessment cases. As per the orders, the criteria pertaining ...

Eliminating VAT on services in the Dorian-hit islands would be difficult to police and too costly, the deputy prime minister said yesterday, while granting tax breaks to companies that do not need ...