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Shani Sade Sati: Shani Sade Sati on Kumbh Makar and Dhanu know which Saturn phase on which zodiac sign - Shani Sade Sati: कुंभ समेत इन राशियों पर चल रही शनि की साढ़े साती, जानें किस राशि पर कौन-सा चरण

Shani Sade Sati: Shani Sade Sati on Kumbh Makar and Dhanu know which Saturn phase on which zodiac sign - Shani Sade Sati: कुंभ समेत इन राशियों पर चल रही शनि की साढ़े साती, जानें किस राशि पर कौन-सा चरण
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All that you want to know about VAT in Oman

All that you want to know about VAT in Oman By: Times News Service An additional 5 percent of Value Added Tax will come into effect from April 16. Muscat: Value Added Tax (VAT) comes into effect in Oman from Friday, which will see an additional charge of 5 per cent added to a number of goods and services purchased by customers in the country. VAT, governed by Royal Decree No. 121/2020, is expected to add about OMR400 million in revenue to the country every year, which amounts to about 1.5 per cent of the national gross domestic product (GDP). It became a law after the signing of Decision No. 53/2021, issued by Saud Nassir Al Shukaili, the Chairman of the Tax Authority.

Saudi arabiaAli al hikmaniSaud nassir al shukailiAastha ranganTaysir naseeb al rawahiConsumer protection authorityTax authorityValue added taxRoyal decreeSat economyRoyal decreeGross domestic productSaud nassir al shukailiTax authorityTimes of omanOrld news