Income Tax
While checking the FY2022/2023 draft budget, President Abdel Fatah al-Sisi instructed the government to immediately prepare a bundle of financial and social protection measures.
The first tranche: Up to an amount of LE 250,000, an amount of LE 1,500 will be obtained.
The draft law states that the non-resident seller and the resident buyer shall pay a stamp tax at 1.25 per thousand from the total sale value.
House Speaker Ali Abdel Aal said the final vote will be held Wednesday during a plenary session.
In a press release on Thursday, the center said it contacted the Finance Ministry, which categorically dismissed these reports as "baseless".
The cabinet’s media council denied the rumors widely circulated recently in fields of health, transportation, supply and subsidy, education, and employment.
India’s federal police detained two employees of Punjab National Bank says it has been the victim of a $1.77 billion fraud, in the first arrests in a fast-widening probe into the country’s biggest-ever bank scam.
BHP Billiton said on Tuesday it will record a $1.8 billion income tax expense due to cuts in the U.S. Federal corporate income tax rate.
The parliament passed on Monday a bill of amendment on some provisions of the income Tax Law no. 91 of 2005.
Tax revenues recorded 291.13 billion EGP during the first ten months of the current fiscal year (FY) 2016/17
