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Times of Oman
01-07-2025
- Business
- Times of Oman
At HM's behest, Shura Council to conclude its second ordinary session of 10th term on 13 July
Muscat: At the behest of His Majesty Sultan Haitham bin Tarik, the Shura Council will adjourn its second ordinary session (2024-2025) of the tenth term (2023-2027) on Sunday, 13 July, in implementation of Article 41 of the Council of Oman Law. Sheikh Ahmed Mohammed Al Nadabi, Secretary-General of the Shura Council, stated: 'The Council has witnessed extensive legislative activity in the first half of the tenth term (2023-2027) during its first and second sessions, translating the requirements of strengthening the legislative framework supporting the implementation of Oman Vision 2040. This aligns with its constitutional roles defined by the Basic Law of the State and the Council of Oman Law, reflected in the Council's legislative and oversight work across various sectors." He emphasised that the Council diligently carried out its duties during the second ordinary session, closely monitoring national developments, particularly as Oman began evaluating the achievements of its Tenth Five-Year Plan and outlining the eleventh. These developments were tracked through the Council's bureau and standing committees, which provided insights and recommendations to enhance national plans and visions. Al Nadabi noted that legislative activity peaked during the tenth term, with the Council reviewing 39 draft laws and agreements referred by the government across its first and second sessions. This included revising legislation, proposing new laws, and amending existing ones to meet the demands of Oman's renewed renaissance and contribute to national progress. Additionally, Council members actively employed oversight tools, with over 300 monitoring instruments submitted during the two sessions, alongside meetings aimed at strengthening integration and dialogue between the Council, the government, state institutions, and citizens. The second ordinary session saw significant legislative work, with 21 government-referred projects (14 draft laws and 7 agreements) and 3 legislative proposals initiated by the Council. The session included 14 regular meetings, four of which were dedicated to discussing ministerial statements from services sector ministers, addressing challenges in implementing development plans.
Times of Oman
22-06-2025
- Business
- Times of Oman
Royal Decree promulgates Personal Income Tax Law
Muscat: His Majesty Sultan Haitham bin Tarik today issued Royal Decree No. (56/2025) promulgating the Personal Income Tax Law, after the same was presented before the Council of Oman. Article (1) states that the 'Personal Income Tax Law', attached to this decree, shall be enforced. Article (2) stipulates that the Chairman of the Tax Authority shall issue the Executive Regulation of the law attached to this decree within one year of the date of publication of the same in the Official Gazette. The Chairman of the Tax Authority shall also issue the decisions necessary for the implementation of the Law's provisions. Article (3) cancels the clause (1) of the article (18-bis) of the Income Tax Law issued by Royal Decree No. (28/2009). It also cancels all that contradicts the attached law or contravenes its provisions.
