Basics of GST: A Comprehensive Guide
Goods and Services Tax (GST) is a considerable tax reform in India’s indirect tax structure. The indirect tax system in the past comprised separate laws at the Centre and State levels. This fragmented structure increased goods costs and created a more complex taxation system. The introduction of GST as a single, unified tax became imperative […]
UAE Corporate Tax: 5 Things You Need to Know
The UAE corporate tax system requires taxable persons to pay taxes on their taxable income for each tax period. This tax is imposed annually, and taxpayers are responsible for determining the amount they owe to the government through a self-assessment process. To accomplish this, taxpayers must file corporate tax returns on the Federal Tax Authority […]
VAT Rate in UAE
The GCC framework has established three VAT rates that member states can apply with varying degrees of discretion. The first two rates apply to taxable supplies, while the third rate applies to tax-exempt supplies. They are Standard rate, Zero rates and Tax exempt. VAT Rate in UAE Explained Standard Rate The standard rate, fixed at […]
FAQs on Corporate Tax in UAE
How does the Ministry of Finance of UAE manage and develop the federal government’s financial resources? Through fiscal policies and local and international relations, the ministry aims to ensure the fiscal system’s development, integrity, and sustainability by the best practices available. The ministry has recently implemented a new corporate tax regime as part of its […]
Highest-Paid Digital Marketing Skills That Can Skyrocket Your Earnings
In today’s job market, skills are considered necessary, if not more, than a degree when securing a high-paying job. Among the wide range of skills, digital marketing skills are growing astonishingly. Digital marketing has transformed from traditional website advertising to encompass various aspects, including data analytics. What makes it even more exciting is that it […]
Basics of UAE VAT – Value Added Tax
Tax is a mandatory payment enforced by the government on goods, services, income, and transactions to finance public services and government spending. There are two main tax categories: direct tax and indirect tax. The taxpayer pays Direct tax directly to the government based on income, wealth, or property. VAT is considered an indirect tax charged […]
Importance of Soft Skills in Career Development
In today’s competitive job market, it’s crucial to acknowledge that achieving career excellence extends beyond hard skills alone. While hard skills are associated with specific technical knowledge and expertise, soft skills are personality traits that facilitate building relationships and solving workplace problems. Moreover, soft skills enable you to leverage your hard skills to their full […]
Benefits of Learning Microsoft Excel Skills
As the leading spreadsheet and data management tool globally, MS Excel offers unparalleled flexibility and compatibility across various devices and operating systems. Whether you use a PC, Mac, iPad, iPhone, Android tablet, or Android phone, MS Excel simplifies organizing, analyzing, and presenting your data. With MS Excel, you can effortlessly arrange and manipulate your data, […]
How To Clear SBI Clerk Exam on 1st Attempt
In today’s fiercely competitive world, achieving your goals quickly requires hard work and intelligent work. This holds particularly true for cracking the SBI Clerk exam on the first attempt, as it is crucial to stand out from the competition. The State Bank of India, one of the largest banks in India, is set to conduct […]
What is the Age Limit for the Bank Exam
Did you know that a career in banking offers long-term security and is considered a lucrative job prospect for newcomers and professionals? Every year, there is a more increase in the demand for candidates applying for various bank exam vacancies. Some prominent public sector bank exams relevant to final-year students include SBI PO/Clerk, IBPS PO/Clerk, […]
What is Payroll Processing: Step by Step Guide
What role does efficient and reliable payroll processing play in the overall success of an organisation? It demonstrates to employees that their time and work are valued and significantly impacts their trust and engagement within the workplace, surpassing the impact of any other perks or incentives they may receive. Furthermore, accurate and timely payment of […]
AI in Finance – Roles and Benefits
How are financial institutions leveraging the ever-accelerating pace of technological progress to enhance their services? What impact has the integration of artificial intelligence (AI) had on the financial industry? One of the most prominent and profound breakthroughs witnessed in recent years is integrating artificial intelligence (AI) into the financial sector. Before exploring its applications in […]
