Updated rules for insurance loss assessments
The Sultanate of Oman has decided to implement decisive measures regarding the payment of labor subscriptions, with a monthly increase rate of up to 1%. Additionally, the government has issued a resolution to issue tax invoices electronically, specified specific times for advertising calls, and introduced new regulations for estimating insurance losses. These measures are part of efforts to improve the business and tax environment, aiming to enhance transparency and achieve financial stability in the economic sector.
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