The 2025 federal budget, officially announced in March, delivers critical payroll updates that employers and employees need to understand. Payroll, HR, and compliance teams must evaluate how these changes will impact their processes and day-to-day operations. Covering areas such as tax regulations and labor market policies, the budget introduces measures set to significantly influence payroll compliance and workforce management.
In today's fast-paced business environment, traditional auditing methods often fall short in addressing the dynamic needs of organizations. Enter Agile Auditing—a revolutionary approach that transforms the way audits are conducted, making them more flexible, efficient, and responsive.
The Ministry of Finance (MoF) issued The Federal Decree-Law No. 47 of 2022 on October 2022, on the Taxation of Corporations and Businesses (CT Law) which introduced the TP Regulations in United Arab Emirates (UAE). These TP regulations are effective for Financial Years (FYs) beginning on or after 1 June 2023 and thus the tax year ending 2024 would mark…
Global Capability Centers (GCC) have evolved from cost generators to strategic business enablers and value generators. During the initial stage, the majority of transactional activities, headcount, and budgets are off-shored under local governance with the aim of cost reduction. As GCCs grow over time, there is an increase in demand for service and for talent. Companies then shift from focusing…
We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe.