My research on VAT (Value Added Tax) in UAE and its implementation study for Business Taxation Course

I did some research for the project of Business Taxation Course and I would like to share my own summary of the topic which is the VAT (Value Added Tax) in UAE and its implementation study.

Definition of VAT:

VAT is a tax on consumption rather than production and is calculated on the stages of production of a commodity or service to avoid repetition. Also it is a neutral tax, which is imposed not on the value of products at their final price, but on the value added at each stage of production.

United Arab Emirates vat / sales tax  and the study of its implementation ,the Indirect Sales tax:

There are no consumption taxes or VAT (Value Added Tax) in the UAE, but individual Emirates may charge levies on certain products such as liquor and cigarettes and on certain services such as those provided in the hospitality industry and this considered as indirect sales tax.Value added tax has slowly entry and implement on developing countries, and now is about to hit the GCC. Thus, the people feel worry for reaching and implementing VAT in the country,  especially in Dubai given the increasing cost of living that has suffered the emirate in recent years from these increasing.  So it is time to look the reality that a tax should be implemented and the VAT will be implementing within the coming two to three years so there is currently no sales tax and there is delay on the implementation of VAT Law in the UAE until mid-2013.  However, a last decision has to be taken through the federal authorities and recommended by the International Monetary Fund (IMF) and the UAE consider implementing such a system of VAT. This will be an essential decision for the country’s leader.  Therefore, the UAE has been studying to implement VAT about more than two years it must be well advanced in preparations to implement the VAT law. The UAE has to study the current economic conditions, the global downturn, falling oil prices and the advancing US dollar must support early implantation as inflationary pressures are decreasing.  Furthermore, a stable and diverse revenue source will assist public investment and expenditure essential for economic diversification. Thus, those activities will support to introduce VAT in the UAE.   

The 7th Dubai Courts Excellence Award event

Today, I attended the annual celebration of 7th Dubai Courts Excellence Award with my colleagues in my workplace, which was held in the Culture and Scientific Association’s Hall. It was very nice event and congratulation for the winners of the award.

Background of Dubai Courts Excellence Award:

In 2006 –The  Dubai Courts initiated its internal annual excellence award, the

"Dubai Courts Excellence Award", as an expression to its commitment to excellence. As well as, to encourage the human resources and its administrative and judicial divisions involvement in the context of excellence.Dubai Courts continuously encourages its human resources involvement in all the conferences, seminars and training courses that are related to excellence.

Director's List Certificates From Dubai Women's College

Congratulation to Myself

I'm very happy today because I got a Certificate of Excellence from my college "Dubai Women's college" as I'm one of the best students academically that has 3.50 GPA and above out of 4 GPA. Actually, this is my 8th certificate that I have got it from DWC in the previous semesters. I would like thank  my college of keep encouraging and supporting us to be the best students. 
  

Happy National Day UAE

Through my blog I would like to express my feeling to my country a great nation that deserves the Best Wishes on its 41st National Day! Great Leaders built this nation under the leadership of HH.Sh. Zayed Bin Sultan Al Nahyan.

For those of us living in the UAE, national day is on the 2nd of December. The idea behind the date is that on that same day in 1971 the area formally declared its independence from Great Britain and began working towards unifying what is now the United Arab Emirates.

The most interesting thing about the celebrations here is that they follow a new theme almost every year and with a different logo for each. This year’s theme, like in 2011, is “Spirit of The Union” which fits the history perfectly. The logo shows the rulers of all 7 Emirates standing together with the UAE flag.

Union Tree Initiative

The Union Tree Initiative is an initiative of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and already it has seen tens of thousands of trees being planted across the nation since being launched on November 15, 2012, as part of the National Day celebrations.

H.H. Sheikh Mohammed bin Rashid Al Maktoum launched the Initiative as a symbol of unity, peace, stability and freedom for the UAE. It is also aimed at consolidating the spirit of unionism, love and loyalty for the country. 

Union Tree Initiative at my work place "Dubai Courts"

UAE National Day & Bazaar in Dubai Women's College

Today , Dubai Women's College students and staffs celebrating the UAE's National Day and Ending of the DWC Bazaar  2012. The bazaar event is run for three days for the purpose of encouraging individuals and groups to start a mini business and operate it by themselves using their knowledge and skills. The DWC students take the opportunity to express their love towards our country "UAE" by designing there booths with UAE flags and colors.

Survey of Madinat Jumeirah's Ballrooms for Industry Project Course

We are doing a research project for Madinat Jumeirah’s Wedding Ballrooms in order to identify the suggestions to make wedding parties of Madinat Jumeirah more attractive to Emiratis. As they are suffering from lack of local customers renting their wedding ballrooms.

Me and my team will help MJ to reach their target and increase their local client in renting the wedding ballrooms as Mr. Khalid Shahdur, the Executive Sales Manager requested from us by conducting a survey among young students in our college, because they are reaching the perfect age for marriage. This will give us an idea about local needs and wants from MJ management and its wedding ballrooms. During the bazaar, we distributed the survey among DWC students which they were very collaborative with filling it for us happily. 

Peer Teaching Project in MIS

Yesterday we finished Peer Teaching Project after working so hard on it. This project entitles each group in the class with a chapter from 5 to 10 and teaches it to the students. Our teacher decided to give us chapter 5 which is about (IT Infrastructure and Emerging Technologies).

At the beginning we found chapter 5 little bit difficult for us to understand. But after we had a meeting with our teacher to discuss our ideas for this chapter and he explained us what is important and what is not to explain in this chapter, we found it very easy to demonstrate. We started to divide our work and research for the lesson. We decided to bring a guest speaker who works in IT Department in Mohammed bin Rashid Al Maktoum Award for World Peace to give the students some information and explain more about IT Infrastructure and Emerging Technologies.

Strange man lives on water for 12 years in China

Today while I'm viewing the online news Emirates 24/7  I read the below article which is a very weird about man who lives on water for 12 years .

22-year-old Chinese man claims he hasn't eaten a scrap of food since he turned 10

Published Tuesday, November 23, 2012

CHINA: A 22-year-old man from China has defied science and lived on only water for the last 12 years.

According to scientific studies, a human being cannot go much longer than 3 weeks without food, reports Oddity Central.

Hailing from China’s Henan province, the man claims to have achieved the impossible and looking at the 1.50-meter-tall, 40-kg-heavy man hardly any one can tell that he hasn't eaten for so long.

He old the media that food would make him feel nauseous ever since h turned 10 and it would also get stuck in his throat. He started drinking lots of water and now he drinks about 15 litres of water every day. His father backed his claim and said that he does not eat any food, whether it’s rice, steamed bread or meat.

For More Other News

Some Blog Quotes For Inspiration, Creativity & Success

I’m a huge fan of quotes.So,I’ve started to collect some of quotes for you as a motivator for making yourself, your blog & your writing more successful, inspired & creative.Take the time to share your favorite quotes with the blogging community – and leave them as a comment.

1.“Success is the good fortune that comes from aspiration, desperation, perspiration and inspiration.” – Evan Esar

2.“Sometimes the questions are complicated and the answers are simple.” – Dr. Seuse

3.“Seek to understand then be understood.” – Stephen R. Covey

4.“The secret of success is to know something nobody else knows.” – Aristotle

5.“He who hesitates is lost.” – Ancient Proverb

For More Quotes Just Click Here

Top 10 Funny Baby Videos!

I want to share this funny video with you which I liked so much, this video is about babies that they make funny scenes which will make you laugh like a crazy  hhhhhhhhhhhhhhhhhhhhhh. :)

My classmate Zulikha's HBD (BD Party Cake)

Today me & my classmates we celebrate Zulikha's birthday party in our college "Dubai Women's College".I want to wish her very best of luck in her life through my blog .

Happy Birthday to a great Friend! A friend is one of the nicest things you can have, and one of the best things you can be. Wishing you a Birthday filled with light and love.

Happy Birthday ZOOZ   :)

Sheikh Mohammed bin Rashid Al Maktoum Visited my Workplace @ Dubai courts.

Today , The Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has visited the Dubai Courts, where he was briefed about the electronic information guides. I'm very happy today ,he said hi to me & our team members :)

How Much Sleep Do You Need?

Nowadays, people gets busy in their life, they forget the important need of sleeping to our bodies. The amount of sleep you need depends on various factors, especially your age. According to my research considering these general guidelines for different age groups:

Age group Recommended amount of sleep

• Infants: 14 to 15 hours
• Toddlers:12 to 14 hours
• School-age children: 10 to 11 hours
• Adults: 7 to 9 hours

In addition to age, other factors may affect how many hours of sleep you need. For example:

Pregnancy. Changes in a woman's body during pregnancy can increase the need for sleep.

Aging. Older adults need about the same amount of sleep as younger adults. As you get older, however, your sleeping patterns may change. Older adults tend to sleep more lightly and awaken more frequently during the night than do younger adults. This may create a need for or tendency toward daytime napping.

Previous sleep deprivation. If you're sleep deprived, the amount of sleep you need increases.

Sleep quality. If your sleep is frequently interrupted or cut short, you're not getting quality sleep and the quality of your sleep is just as important as the quantity.To Read More Click Here

Some Cooking Tips For you!!

Cool tips for people who likes cooking like me :).

1. Use herbs, vinegar, tomatoes, onions and/or fat-free or low-fat sauces or salad dressings for better health, especially if you have high blood pressure or high cholesterol.
2. Use your time and your freezer wisely. When you cook once, make it last longer by preparing enough for several other meals. Freeze it and have a ready-made healthy treat for the next time you are simply too tired to bother.
3. A smoothie can cover a multitude of needs. Throw a banana (you can keep them in the freezer for weeks) into your blender along with frozen berries, kiwi or whatever fruit is around, some orange or other 100% juice, some fat-free or low-fat yogurt. You can get 4–5 servings of fruit in one glass of yummy shake. Try getting your loved one to sip on a smoothie. It’s easy, cool, refreshing and healthy.
4. Prepared seasonings can have high salt content and increase your risk for high blood pressure. Replace salt with herbs and spices or some of the salt-free seasoning mixes. Use lemon juice, citrus zest or hot chilies to add flavor.
5. Prepare muffins and quick breads with less saturated fat and fewer calories. Use three ripe, very well-mashed bananas, instead of 1/2 cup butter, lard, shortening or oil or substitute one cup of applesauce per one cup of these fats.
6. Choose whole grain for part of your ingredients instead of highly refined products. Use whole-wheat flour, oatmeal and whole cornmeal. Whole-wheat flour can be substituted for up to half of all-purpose flour. For example, if a recipe calls for 2 cups of flour, try 1 cup all-purpose flour and 1 cup minus 1 tablespoon whole-wheat flour.
7. In baking, use plain fat-free or low-fat yogurt or fat-free or low-fat sour cream.
8. Another way to decrease the amount of fat and calories in your recipes is to use fat-free milk or 1% milk instead of whole or reduced-fat (2%) milk. For extra richness, try fat-free half-and-half or evaporated skim milk.

For More Recipes Click Here

My Lovely Cute Cat "LION"

I would like to introduce my favorite pet which called "lion". It is a male cat, from Persia. I raised him from almost 3 years. He likes to sleep & eat a lot. These are some pictures of him:

                          

                          

ROLL LAPTOP Amazing new Technology 2012 Check it here WOOW

Wow!!! I hope i can get one of this. Anything can happen, if we never give up to build up the new technologies. Now we have touch technologies, coming soon, may be we have glass laptop. Huuuuu can you all imagine that.

Health Benefits of Fruits

I found this interesting article about the benefit of fruits which I would like to share it with you to spread the awareness among us and try to eat some of this fruits regularly to protect our health from dangerous diseases and stay in good health and fit body.

Cherries

Cherries have the highest content of iron and disease fighting antioxidants compared to other fruits. The fruits contain vitamin C and E, iron, fiber, potassium and magnesium. It is understood through the researchers from Michigan that cherries can reduce cholesterol level, insulin levels and blood sugar, besides raising the antioxidant capacity of the blood. Every 100 grams of fresh cherries have higher percentage of vitamin A which is five times more than apples and grapes and twenty fresh cherries may keep us away from depression mood.

Grapes

According to Cancer Research Institute of London, grapes are good for women. They help them to avoid the painful wound related with breast cancer treatment.

Grapes also protect heart and blood vessels against oxidative tissue damage. Hypertension could be controlled by consuming one cup of grape juice and one cup of celery juice each with warm water three times a day for twenty days. Give a break of 5-7 days after 20 days and start the treatment freshly for another 20 days.

Oranges

Orange is one of most popular fruits in the world. It is a citrus fruit with excellent source of vitamin C. They are also good source of dietary fiber, vitamin A, B, B1, calcium and potassium. By consuming oranges frequently we can reduce the risk of cancers and heart diseases. Oranges containing the smooth textured skin will have higher juice content than those that are spongy or lighter in weight. Small oranges are juicier than the larger ones.

Strawberries

Strawberry is the most delicious and nutritious fruit that has the ability to remove harmful toxin in the blood. This fruit is recommended for constipation, high blood pressure, skin cancer, sluggish liver, rheumatism etc. It is yet another fruit which is consumed as skin cleansing food. The strawberry is cut into half and rubbed on teeth and gums to remove tartar from the teeth and to strengthen and heal the gums. In order to dissolve the tartar the juice has to remain on teeth as long as possible and later the mouth has to be rinsed with warm water.

Mangoes

Mango is the most popular and versatile fruit that comes in numerous varieties all having their own unique flavor, texture, color, and aroma. Mangoes are the good source of vitamins, minerals and anti-oxidants and contain very few proteins, fats and calories like any other fruits.

According to Unani Medicine System the benefits of mangoes are as follows:

Vitamin C and Calcium in mango tightens the capillary vessels and prevents older cures bleeding of inner parts. Regular consumption of mango makes the complexion fair and the skin soft and shining. Those suffering from diarrhea have to take sun dried mango leaves powder in half a teaspoon with water for 2-3 times a day. Burnt ashes of mango leaves if applied on burnt parts give quick relief. To cure fever, apply paste of mango roots on palms and soles.

It is advisable for a pregnant woman to eat one mango a day because calcium and magnesium of mango relaxes the muscles, relieves stress and prevents abortion. Dried mango seeds are the best as toothpaste that strengthens the gums and helps in curing dental problems like foul smell.

Apple

Modern scientific studies discovered that an "An Apple a Day keeps the Doctor Away". While diabetes patients are supposed to eat sour apple, people suffering from cardiovascular and obesity should eat sweet apple. Eating a ripe apple is a good remedy to cure constipation. The powerful antioxidants and anthocyanin found in red apples prevent us from cancer development and cardiovascular disease.

Fig

Fig is one of the best fruits recommended for humans. This fruit as a source of food is very good and nutritious. Figs are low in fat and high in fibre that can reduce blood cholesterol. They are rich in iron, calcium, potassium, magnesium, and Vitamin B6. For those suffering from chronic constipation fig is the best fruit to relieve the disease. The high water content in the Fig clears the skin by acting as a cleanser.

For More Other Fruits Benefits Click here

Visting Madinat Jumeirah for Industry Project course project

Mr. Khlid Shahdur the Director of Sales Government and Diplomatic at Jumeirah Group

Today, me and my group members (Alia Abdulla, Nehaya, Zulikha and Fatma Al Matrooshi) visited Madinat jumeirah for Industry Project course project. We interviewed  Mr. Khlid Shahdur the Director of Sales Government and Diplomatic at Jumeirah Group. This below details is some information about Madinat jumeirah and our research paper focus task which requested by the Mr.Khlid.

Background: Madinat Jumeirah is a member of Jumeirah Group which was established in 1997 with an ambition of becoming a hospitality leader by establishing a world class luxury hotels and resorts. In 2004 it became a member of Dubai Holding. It’s motto is a promise of STAY DIFFIRENT. This is done by offering luxurious, generous services through its series of hotels, resorts and entertainment places and centers.  It includes Wild Wadi Waterpark, Madinat Jumeirah Hotel, Souk Madinat Jumeirah and many other similar facilities situated in the UAE.

Madinat Jumeirah group represents a vital member in reflecting the luxurious side of Dubai as a world destination for luxurious tourism services. It takes the guests into places which combine historic beauty of heritage with new luxury.

Our research project deals with the position of Madinat Jumeirah in the market. It also deals with its business activities and how to enhance its business in the field of ballrooms wedding parties. It lies in a superb location along Jumeirah beach line. It is close to Dubai Media City and the Palm Jumeirah.

Our role will be finding ways of attracting more local customers to their wedding ballrooms.  The research includes SWOT analysis to the company as well.  In addition to that, we will shed the light on the services offered by this group and see how successful they were in doing their business.  Our focus will be on wedding ballrooms in their resorts. 

The Bestselling Books of 2012 (So Far)

I brought some names of books for readers’ lover. According to Amazon’s top 5 prints as following:

Amazon Print Top 5 (as of July 11, 2012)

1. Fifty Shades of Greyby E.L. James (Vintage)

2. Fifty Shades Darkerby E.L. James (Vintage)

3. Fifty Shades Freedby E.L. James (Vintage)

4. The Hunger Gamesby Suzanne Collins (Scholastic)1

5. Catching Fireby Suzanne Collins (Scholastic)

For More Information about these Books click here

Nice Words I like it

How to Make Rainbow Cookies

While I'm searching in U-tube for a recipe of  cake,I found this wonderful video of how to make colorful cookies. which I find it very interesting and nice to share it with you :) .