Government

Tuesday 13/October/2020 20:18 PM

VAT will shore up Oman’s economy

Muscat: Economic analysts in Oman have welcomed the decision to impose Value Added Tax (VAT) in the Sultanate, as it will provide a permanent, reliable...

Tuesday 13/October/2020 17:37 PM

Loan repayment terms of pensioners amended

Muscat: With the blessings of His Majesty Sultan Haitham bin Tarik, the Central Bank of Oman on Tuesday launched a programme amending terms for the...

Tuesday 13/October/2020 09:27 AM

VAT to come into force within 180 days

Muscat: The Value Added Tax (VAT) will be imposed in the Sultanate within 180 days from the date of publication of Royal Decree No. 121/2020 in the Official...

Monday 12/October/2020 17:29 PM

Oman to implement VAT Law after six months

Muscat: Oman will implement the Value Added Tax Law (VAT) after six months.A statement issued online by Oman News Agency (ONA) said, ”His Majesty Sultan...