The Corporate Tax Law Penalties have been carefully designed and benchmarked to ensure successful implementation and compliance of the Corporate Tax Law without burdening UAE businesses that comply with the new regulations.
Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and AED48.2 billion of other revenues from property income, sales of goods and services, fines and penalties, and transfers not elsewhere classified
The Ministry of Finance (MoF) today announced the launch of a digital public consultation on its website as part of the UAE Corporate Tax’s Free Zone regulations
Amid destrcution caused due to monsoon in several parts of the country, the Ministry of Finance has released Rs 7,532 crore on Wednesday among 22 state governments for the respective State Disaster Response Funds (SDRF).
A contract worker employed in the Ministry of Finance has been arrested from Crossing Republik in an espionage case by the Ghaziabad police for sharing sensitive information with a Karachi number, the police said on Tuesday.
India is at the forefront of global trade facilitation efforts, with an impressive score of 93.55 per cent in 2023 vis a vis 90.32 per cent in 2021, as per the recently released United Nations Economic and Social Commission for Asia Pacific's (UNESCAP) Global Survey on Digital and Sustainabl
The Indian economy has carried the momentum from the past year into the current fiscal year and there has been no evidence by far that suggests a slowdown in the current financial year 2023-24, said the Department of Economic Affairs under Ministry of Finance in its monthly review report.
The forecast of a normal monsoon despite the prevalence of El Nino, adequate availability of seeds and fertilisers and sufficient water in key reservoirs augur well for healthy kharif sowing in India, said the Department of Economic Affairs under Ministry of Finance in its monthly review rep
The Federal Tax Authority (FTA) has announced the launch of a public awareness campaign to help taxpayers understand and meet their obligations under the Corporate Tax Law. This is part of FTA's efforts to ensure a smooth implementation of Federal Decree-Law No 47 of 2022 on the Taxation of
The report highlights the MoF's performance in initiatives, national projects and international participation. It includes the MoF's most prominent achievements, leadership councils and committees, and strategic objectives.
Mahila Samman Savings Certificate scheme was announced in the 2023-24 Union Budget by Finance Minister Nirmala Sitharaman and is a significant step towards financial inclusion and empowerment of women.