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?Bharath KumarMarch 13, 2020March 20, 2020 by Bharath KumarMarch 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 revenueBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 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