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The objective of the state-run company is making available to the people of Dubai an adequate and reliable supply of electricity and water. [2] As of end of 2019, DEWA employs a workforce of 11,727 employees and provides 915,623 customers with electricity and 816,580 customers with water. [3]
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
The Dubai Clean Energy Strategy aimed to provide 7% of Dubai's energy from clean energy sources by 2020 and planned to increase this target to 25 per cent by 2030 and 75 per cent by 2050. [5] The country, however, generated only 3,8% electricity from solar in 2020, reaching the target three years late. [6]
Tax deduction at source (TDS) has come into existence with the motive of collecting tax from different sources of income. As per this concept, a person (Payer) who is responsible to make payment of specified nature to any other person (Payee) shall deduct tax at source before making payment to such person (Payee) and remit the same into the account of the Central Government.
Maghanmal Jethanand Pancholia (24 October 1924 – 2 September 2019), also known as Maghaba, was an Indian-Emirati businessman, trader, philanthropist and the founder of the Indian High School, Dubai, first Indian educational institution established in the UAE. [3]
[6] [9] Dubai Electric Co. is another of his contributions [9] which was later renamed as Dubai Electricity and Water Authority and is powering the Emirate of Dubai. [6] [7] Duff is also known to have blocked an attempt by officials to channel the Emirates reserves to the Bank of Credit and Commerce International, [9] which went bankrupt in ...
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]