Hellen Faulkar

[ad_1] DUBAI, United Arab Emirates: Oil giant Saudi Aramco reported a first-quarter profit on Tuesday of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns.The firm known formally as the Saudi Arabian Oil Co. blamed the drop — compared to $39.47 billion in the […]

[ad_1] On Tuesday, the Saudi oil giant Aramco reported a first-quarter net profit of 119.54 billion riyals ($31.88 billion), a drop of around 19% from the same period of the previous year. Aramco said the drop was mainly driven by lower crude prices, although partially offset by lower taxes and zakat and a rise in finance and

[ad_1] Tax teams at large companies spend around 70 per cent time on an average on tax compliance and wants cross-utilisation of data collected by various government agencies to cut down on reporting requirements, a Deloitte survey said on Tuesday. A big challenge faced by organisations include TDS compliance, the survey said, adding simplifying reporting

[ad_1] External Affairs Minister S. Jaishankar meets Minister of Foreign Affairs of Israel Eli Cohen, in New Delhi, Tuesday, May 9, 2023. | Photo Credit: PTI Arab train networks in future will be carrying Indian goods to the Israeli port of Haifa, said Israeli Foreign Minister Eli Cohen here on Tuesday, May 9, 2023. Addressing