The resident received the Abu Dhabi Award personally from President Sheikh Mohamed for her heroic action on April 19
"All private and public schools funded by the government will be zero-rated, hence tuition fees charges will be zero-rated," said Nirav Shah, director, Fame Advisory.
However, all private universities, which do not receive more than 50 per cent funding from government, are all subject to standard five per cent VAT rate, he added.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Monday approved the executive regulations for VAT, according to at Ministry of Finance statement.
As part of a GCC agreement, the UAE and Saudi Arabia will impose five per cent VAT from 7am on January 1, 2018, on various goods and services.
The executive regulations also gave a clear picture about implementation of VAT in designated free zones.
waheedabbas@khaleejtimes.com
The resident received the Abu Dhabi Award personally from President Sheikh Mohamed for her heroic action on April 19
Residents of some areas are struggling to return to their normal lives as streets are still flooded even six days after the rains
Most of them are getting help from friends who live nearby while others opt to grab a meal at eateries so they could also charge their phones
Doctors report 20% rise in cases of fever, cold and cough after rains leave some areas flooded
Medium-pace bowler Sandeep Sharma took 5-18 to help restrict Mumbai to 179-9
The three-term MP is facing central minister Rajeev Chandrashekhar and CPI leader Pannyan Ravindran at Thiruvananthapuram constituency
Sheikh Mohamed bin Zayed and Sultan Haitham exchanged friendly conversations that underscored the strength of the fraternal relations that bind the two countries
Civil defence personnel are still recovering bodies from inside Nasser Medical Complex, says spokesman