Oman has announced plans to issue a personal income tax as part of a broader push to move the sultanate’s economy away from ...

Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on ...

Oman is set to introduce a personal income tax by 2028 as part of its efforts to diversify its economy away from hydrocarbons ...

Oman is making history in the Gulf region by becoming the first country to introduce a personal income tax, starting in 2028.

Oman will impose a 5 per cent tax on taxable income for individuals whose gross annual income exceeds OMR42,000, derived from ...

Last year, Oman collected OMR 1.4 billion from corporate, VAT, and selective taxes. The personal income tax is expected to complement these revenues and bolster fiscal credibility, enhancing Oman ...

The Tax Authority said that the Personal Income Tax Law complements the tax system in line with Oman’s economic and social conditions and aligns with the role assigned to the Tax Authority. It also ...

Muscat – Oman will implement a 5% income tax on individuals with annual earnings exceeding RO42,000 starting January 2028, marking a milestone in the sultanate’s fiscal reform agenda and the first ...

Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of ...

Personal income tax in India has always followed a progressive slab system with various deductions and exemptions. Until February 2020, there was only one tax regime – Old Tax Regime – in the ...

ITR-2025: As a taxpayer, you should know which form applies to you based on the source of your income. Here we give a lowdown on common income tax forms ...

Oman's overall budget revenue fell 7% year-on-year to 2.635 billion Omani rials ($6.85 billion) in the first quarter of 2025 as oil revenue dropped, Oman's state news agency reported on Tuesday ...