EconomyFeaturedOman plans to increase government revenue to OMR12 bn by 2024Pritam BordoloiNovember 4, 2020 by Pritam BordoloiNovember 4, 2020 The plan is a part of Oman’s National Plan for Fiscal Balance 2020-2024... Read more
EconomyMagazineHow prepared is Oman to levy VAT?International FinanceMarch 13, 2020March 20, 2020 by International FinanceMarch 13, 2020March 20, 2020 Although the Sultanate’s taxation system is largely unprepared for the implementation of VAT, VAT will benefit Oman’s economy... Read more
EconomyFeaturedOman to introduce 5% VAT in early-2021 to generate additional revenueInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members... Read more