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UAE Eases Penalties for Late Corporate Tax Registration
UAE: In a move to support businesses and encourage compliance with tax regulations, the United Arab Emirates (UAE) has announced a significant change regarding penalties for late corporate tax registration. The Federal Tax Authority (FTA) has begun implementing a Cabinet Decision to waive fines for businesses that missed the deadline…
Saudi Arabia’s Ambitious Oil Refinery Plans in India Stall Over Crude Supply Disagreements
Tensions arise as India and Saudi Arabia struggle to reach consensus on crude supply terms for major refinery projects. Saudi Arabia's plans to invest in two major oil refineries in India are currently at an impasse due to disagreements over crude supply terms. The project, which is critical to Saudi…
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