More Support from Zakat and Income Authority

The Zakat and Income Authority has confirmed that providing liquidity for the private sector is their priority among a number of other initiatives which are designed to support businesses in the kingdom to face the impacts of COVID-19. The authority has launched a number of initiatives including postponing tax and zakat returns. The Authority has also permitted businesses to postpone paying the selective tax which is imposed on certain imported goods. In addition, fines for delays in making repayments have also been suspended. Full story

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