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Egypt to waive 100% of late fees on taxes, state dues repaid in full before waiver bill comes into effect
LEGISLATION WATCH- Cabinet expands forgiveness of late fees on taxes: The Madbouly Cabinet will drop 100% of interest payments and…
Egypt to introduce 1% tax on all salaries to fund covid-19 fight
Cabinet plans 1% corona tax on all salaries, says measure would be in effect for one year starting 1 July…
House approves draft Banking Act with new provisions
LEGISLATION WATCH- House approves draft Banking Act with new provisions: The House of Representatives has approved the long-awaited Banking and…
Egypt’s Irrigation Ministry has an EGP 18 bn plan to develop water canals and save 5 bcm of water
Irrigation Ministry has an EGP 18 bn plan to save 5 bcm of water by developing water canals: The Irrigation…
State-owned companies face economic viability tests — and could get a special break on capital gains
LEGISLATION WATCH- State-owned companies face economic viability tests — and could get a special break on capital gains. Proposed changes…
El Sisi ratifies law to expedite payments to gov’t contractors, suppliers
LEGISLATION WATCH- Suppliers and construction outfits working on government contracts will receive EGP 10 bn in arrears after President Abdel…
El Sisi ratifies four bills including covid-19 tax relief, income tax amendments
LEGISLATION WATCH- El Sisi ratifies four newly approved bills, including covid-19 tax relief, higher income tax exemptions: President Abdel Fattah…
Supply Ministry pushes legislation to simplify commercial registry
LEGISLATION WATCH- Supply Ministry pushes legislation to simplify commercial registry: New businesses could soon be registered under one roof under…
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