Person
Hassan Waheed
Described in the news as: Vilufushi MP.
In the news, last 90 days
Economy
Tax Bill sent back to Economic Committee
A bill amending the Income Tax Act to raise State revenue by MVR 496.3 million was referred back to Parliament's Economic Affairs Committee after the Whole House Committee approved the referral, with all 47 voting MPs in support. The bill, submitted by Vilufushi MP Hassan Waheed on 21 October, would cap interest deductions at 25 per cent of a taxpayer's tax EBITDA and take effect from 1 January 2027 if passed.
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