Minister of Finance approves the extension to taxpayers under all Saudi tax laws, starting July 1 this year until 31 December ...

The Saudi Zakat, Tax and Customs Authority (ZATCA) has extended a waiver on fines and penalties for a further six months until 31 December 2025, it announced. The extension, which would have expired ...

New Delhi: Dr. Majed Al-Qasabi, the Saudi Minister of Commerce and Chairman of the Board of Directors of the General ...

Saudi Arabia‘s Zakat, Tax and Customs Authority (ZATCA) has implemented amendments to Value Added Tax (VAT) regulations that will allow tourists to receive refunds on the 15 percent tax paid whilst ...

In recent years Saudi Arabia has established itself as one of the strongest and most dynamic economies in the Middle East. Central to this has been the reformation of the tax and zakat (a payment ...

The Zakat (a form of tithe) is paid annually by Saudi individuals and companies within the provisions of Islamic law. The Zakat is an annual flat rate of 2.5 percent of the assessable amount.

The Nigeria Customs Service (NCS) and the Zakat, Tax and Customs Authority of the Kingdom of Saudi Arabia have signed a ...

Chairman of the National Zakat Board (BAZNAS) of Indonesia, Noor Achmad, highlighted the institution's success in managing zakat, infaq and sadaqah (ZIS) funds to alleviate poverty in Indonesia.

The Saudi Zakat, Tax, and Customs Authority (ZTCA) announced that the minister of finance has approved extension of the initiative to waive fines and exempt taxpayers from penalties for a period of ...