Tag: allotted

This is where VAT money will go

This is where VAT money will go

To ensure that the tax money collected will be put to good use, the UAE cabinet is considering allocating 70 percent of VAT revenues to local governments. If deemed viable, the allotted money will be used to aid development projects …

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How will this new housing initiative help low-income workers?

How will this new housing initiative help low-income workers?

  A new scheme aims to meet the rising demand for affordable housing for lower-income residents. Announced by the Department of Municipal Affairs and Transport, the initiative will work with property developers, landlords and tenants to provide residential units at …

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