Cabinet discusses new draft Income Tax Law
shaheennews
The Cabinet, on Monday, discussed the draft law amending the 2018 Income Tax Law.
The draft bill will be published on the Legislation and Opinion Bureau’s website as of Tuesday for 10 days to receive comments and complete the dialogue on it.
During its meeting held Monday, the government said take suggestions and comments about the draft law into consideration, before endorsing it and refer it to the House of Representatives in accordance the constitution.
The dialogue on the draft law will continue throughout the constitutional stages for approval, the government added.
The bill comes to achieve social justice and solidarity, and not to impose any additional tax on the poor and low-income segments and adhere to the principle of social progress and justice.
