Tax
- India
Hopes running high of tax cut as Sitharaman presents record 8th budget
New Delhi: A cut or tweak in income tax rates/slabs to ease the burden of middle class struggling with high prices and stagnant wage growth is widely expected in Finance Minister Nirmala…
- Middle East
Saudi Arabia extends tax amnesty initiative
Riyadh: The Kingdom of Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has extended the cancellation of fines and exemption of penalties initiative until June 30, 2025. The initiative was earlier extended…
- Middle East
Kuwait to impose 15 pc tax on multinational companies
Kuwait City: Kuwait is set to impose a 15 percent tax on multinational companies operating in more than one country or a state starting January 1, 2025. The Kuwaiti cabinet recently approved…
