Egypt denies raising income tax, fuel prices

Cairo – Mubasher: The Egyptian Cabinet’s media centre denied news reports about increasing income tax in the new draft tax law.

The new draft tax law will amend some vague articles in the current tax law, the Ministry of Finance affirmed.

In addition, the Ministry of Petroleum also denied news reports about increasing fuel prices on the back of the decline in global oil output.

Mubasher Contribution Time: 26-Sep-2019 13:35 (GMT)
Mubasher Last Update Time: 26-Sep-2019 13:35 (GMT)