Two new tobacco products will soon be added to the Federal Tax Authority's (FTA) digital tax stamp scheme.
From November 1, water pipes and e-cigarettes sold in the UAE will have to feature a digital tax stamp.
Initially, the scheme only covered cigarette packs.
It will involve electronic monitoring of tobacco products to ensure that sellers fully comply with the payment of excise tax.
Authorities say it'll help them combat tax evasion and protect consumers from commercial fraud.
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TECOM Group profit increases 15% on record high occupancy levels
Dubai's TECOM Group has announced a 15 per cent year-on year (YoY) growth in net profit to AED 293 million for the three month period ended March 31, 2024.
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UAE, Iran expand cooperation in additional sectors
The UAE and Iran have explored ways to expand economic cooperation in sectors such as tourism, transport, entrepreneurship and renewable energy.
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