The UAE's Ministry of Finance has updated its VAT law, effective January 1, 2026, to simplify procedures and enhance transparency. Key chan...

UAE visitors can now easily extend their stay with flexible visa rules and online services, allowing applications without leaving the count...

Indian jewellers foresee a surge in domestic gold purchases due to a significant customs duty cut in the 2024-25 budget. This change has na...

The first 100% digital tax refund system has reportedly been built by the Federal Tax Authority of the United Arab Emirates. The FTA claims...

“Additionally, India is yet to comply with the Financial Action Task Force (FATF) recommendation on notifying reporting entities for the je...

Saudi Arabia, the United Arab Emirates and Bahrain have already introduced the tax, with Riyadh tripling it this year. Oman said last month...

Exports of cut and polished diamonds to US has dropped by 4.98 per cent.

Tour operators like Thomas Cook, Cox & Kings said customers were informed about the payment of VAT.

“There has been a nearly 75 per cent decline in sales since VAT came into being,”

Of them, the lower middle class and middle class sections will get affected the most as they are already feeling the pressure on account of...

India is the number one international tourist source market for Dubai, according to Dubai Tourism department's official numbers.

Tax is coming at a time when shoppers are flocking to Dubai Shopping Festival

While UAE is gearing up to levy VAT from January 1, 2018 at rate of 5%, other GCC members plan to bring in VAT a year later.

Businesses in the Gulf countries are seeking Indian chartered accountants as the governments there plan to levy a value-added tax (VAT) fro...

"Singapore and Sri Lanka are also witnessing increased buying interest for gold from Indian travellers."

"The discussion is to have VAT between 4-5%. It is an excellent step to collect information, businesses' capacity and gauge their condition...

In a first of its kind deal, UAE's national oil company Adnoc has agreed to store crude oil in India's maiden strategic storage.