The Federal Tax Authority’s (FTA) recent guide on determining taxable income provides valuable insights for businesses operating in the UAE.

The NPS is a government-backed retirement savings scheme. The scheme allows individuals to contribute towards their retirement throughout their working life. NPS was launched in…

Investors are expecting some good relief in the Budget 2024 as far as taxation of capital gains is concerned. They are of the view that…

The Annual Budget 2024 will be presented in the Monsoon Session of Parliament. The Annual Budget 2024 is expected to build upon the principles of…

Nishit Parikh highlights the crucial updates from revamping the capital gains tax regime as mentioned in the Union Budget 2024. He acknowledges the government’s sincere…

The Annual Budget 2024 will be presented in the Monsoon Session of Parliament. The Annual Budget 2024 is expected to build upon the principles of…

Considering the fact that for the last many years, the cap on deductions has remained unchanged and are very meagre amounts, the amount of deductions…

Investors are expecting some good relief in the Budget 2024 as far as taxation of capital gains is concerned. They are of the view that…

As per Article 23, specified income from participating interest is exempt from Corporate Tax in UAE (CT). As per Clause 2 of the said Article,…