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Ministry issues decisions relating to corporate tax

ABU DHABI / WAM The UAE Ministry of Finance has announced three new ministerial decisions for the purposes of Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses. These include Ministerial Decision No 114 of 2023 on the Accounting Standards and Methods; Ministerial Decision No 115 of 2023 on Pensions and Social Security Funds; and Ministerial ...

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India’s plan to remove 2000 rupee notes from circulation boosts bonds

BLOOMBERG  India’s shorter-maturity bonds rallied and money market rates eased on bets that a withdrawal of the nation’s highest value currency note would leave banks with surplus cash to invest. As much as 1 trillion rupees ($12.1 billion) may be added to India’s financial system as authorities remove 2,000 rupee notes from circulation, according to QuantEco Research and Kotak Mahindra ...

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Sheikh Abdullah bin Zayed chairs ECSSR Board of Trustees meeting

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and Chairman of the Emirates Centre for Strategic Studies and Research (ECSSR), has presided over the meeting of the centre’s Board of Trustees. HH Sheikh Abdullah was briefed about the annual report, work plans, and programmes of the centre, as well as its continuous development ...

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