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Gratuity (مكافأة) is a lump sum payment given to an employee by the employer or hiring company in the UAE and Dubai at the end of his service tenure. As per Emirates' Labor Law, employers are liable to disburse gratuity benefits to their workers upon exceeding one year of service.
The UAE federal tax system is administered by the Federal Tax Authority (FTA), which was founded ahead of the 2018 implementation of a federal value added tax (VAT). The current standard VAT rate in the country is 5%. [2] [3] In January 2022, the UAE Ministry of Finance announced the implementation of a federal corporate tax starting June 2023. [4]
A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service.
The right of alien residence and work permit is protected by the UAE Federal Law No. 6 of 1973 on the Entry and Residence of aliens. [17] Per UAE law, an employer may not deny an employee on a work visa right to annual leave, regularly paid wage, 45 days maternity leave, right to resign, resign gratuity, and a 30 day grace period to find a new job.
21 July – Fifty-seven Bangladeshi expatriates are sentenced to varying prison terms for holding protests in support of the 2024 Bangladesh quota reform movement. [15] They are later pardoned by UAE president Mohamed bin Zayed Al Nahyan on 3 September. [16] 29 July – The United Arab Emirates grants lottery licenses for the first time in its ...
Canadian Prime Minister Justin Trudeau returned home Saturday after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from ...
Towards the end of March 2006, the government announced steps to allow construction unions. UAE labour minister Ali al-Kaabi said: "Labourers will be allowed to form unions." Prostitution, though illegal by law, is conspicuously present in the emirate because of an economy that is largely based on tourism and trade.
December 1, 2024 at 4:00 AM. Four question marks, overlapping a bit, in a blue to pink gradient color are centered across a blue background. Inside of the question marks is a repeating pattern ...