Muscat: Value Added Tax (VAT) is a transactional tax applicable on all supplies of goods and services taking place every day unlike Corporate Tax which is...
New York: Former Reserve Bank of India (RBI) Governor Raghuram Rajan, whose tenure at the central bank ended this month, hopes the process of cleaning up...
Muscat: Oil being the main source of public revenues and the mainstay of economy in the GCC countries, the drop in prices in the second half of 2014 had...
Muscat: The drop in Islamic finance growth is likely to continue in 2017 and that the estimated industry’s total assets will reach $2.1 trillion by the...
Muscat: Amid dull trading volumes, the MSM 30 Index gained 0.36 per cent to close at 5,748.56 points. The MSM Sharia Index ended at 887 points, up 0.17 per...
Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from Theresa May, Prime Minister of the United Kingdom (UK) in reply to His...
Seoul: Samsung Electronics Co.’s recall of millions of big-screen smartphones isn’t going to be cheap.
The South Korean company may spend as much as $1...