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UAE Sets New Rules for Audited Financial Statements Starting 2025

The Ministry of Finance has issued a new decision that will impact how businesses in the UAE manage their financial reporting. According to Ministerial Decision No. 84 of 2025, certain companies will now be required to prepare and maintain audited financial statements, starting from tax periods that begin on or

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What is transfer pricing in the GCC

What is Transfer Pricing in the GCC and Why is it Important?

As business establishments expand globally, Transfer Pricing (TP) becomes a key aspect of international operations. In the GCC region, where tax regulations are evolving to match global standards, TP compliance is no longer optional but essential. Understanding and implementing effective TP strategies can help businesses stay compliant, streamline operations, and

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islamic fin nishna

Interest-free Banking in India – Challenges

Indian banking laws do not explicitly prohibit Interest-free banking but there are provisions that make it an almost unviable option. Banks in India are governed under the Banking Regulations Act 1949, Reserve Bank of India Act 1934, Negotiable Instruments Act 1881, and the state and central Co-operative Acts. One of

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THAT

THAT Introduces Zaid, Saudi Arabia’s First AI Corporate Consultant, at Techtonic Riyadh.

Tass and Hamjit Advanced Technologies (THAT) revolutionizes the corporate consulting landscape in Saudi Arabia with the introduction of Zaid, the country’s first artificial intelligence (AI) corporate consultant. The groundbreaking announcement was made at the highly anticipated Techtonic event that took place in Riyadh on January 10th, 2024. Zaid, an innovative

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continuity

Business Continuity Funds in Corona Era

As it is discussed and published in various articles, the new economic world order will be impacted by the effect of Novel Corona Virus or COVID 19. Due to the lockdown including in Kerala, most of the industries and businesses are seriously affected. It is sure that, in Kerala, many local and small

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100% foreign ownership in all sectors in Qatar

Qatar now allows foreign investors to own 100% in all sectors. In a noteworthy move, HH The Amir Sheikh Tamim bin Hamad Al Thani has issued Law No. 1 of 2019, regulating the investment of the non-Qatari capital in economic activity. The law will be live once it is published

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Saudi Tax

Saudi Arabia Issues Tax Violation Warning, Urgent Reminder for Businesses.

As the deadline for submitting value-added tax (VAT) statements approaches, Saudi Arabia’s Zakat, Tax, and Customs Authority (ZATCA) has issued a stern reminder to businesses. Companies with significant annual revenues are particularly urged to comply promptly to avoid substantial penalties. Who Needs to Pay Attention? ZATCA has specified that businesses

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union budget

Indian Budget 2019.

Central Budget 2019 targets Indian economy to touch $3 trillion mark in the year 2019-20 and being the third-largest economy. It covers all the major sectors of the economy. Taxpayers are benefitted through various tax deduction schemes and easier compliance policies. TAXATION The proposals made by the finance minister Simplifies

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Freezone Vs Mainland - UAE Corporate Tax Update - TASS & HAMJIT

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സൗദിയിൽ ബിസിനസ്സിന്റെ പദവി മാറ്റിയോ നിങ്ങൾ? ഈ കാര്യങ്ങൾ ശ്രദ്ധിക്കൂ.....

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'E-Invoicing in KSA' by Mohammed Aslam - Director - TASS & HAMJIT.

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Connecting Minds, Creating the Future! - Welcome to Dubai Expo 2020 - Tass & Hamjit​

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സൗദി അറേബിയയിൽ ഫോറിൻ ലൈസൻസ് എടുക്കുമ്പോൾ അറിയേണ്ടതെല്ലാം (as per updation till Oct 15, 2021)​​

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T&H Webinar Series - Inspire Talk by Mr Navas Meeran, Chairman, Eastern Group. (Part 1)​

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Understand your residential status under Income Tax India by Ashiq Rahman​

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