The UAE’s private sector is getting ready to implement mandatory e-invoicing in phases from July 1, 2026, that is expected to reduce downtime, increase transparency, and improve the collection of Value-Added Tax (VAT) and Corporate Tax.
The UAE-India partnership creates a huge opportunity for investors and business community of both the countries as bilateral trade will double from $100 billion to $200 billion in just seven years, said experts at a key summit in Dubai. The Indian economy is set to exceed $30 trillion by 2047 – when the country turns 100.
The Dubai Chapter of the Institute of Chartered Accountants of India (ICAI) has elected a new Executive Committee for the year, with Rishi Chawla assuming charge as Chairman.
