There will be no increase in salaries to cope with the levying of the value added tax (VAT), Obaid Humaid Al Tayer, State Minister for Financial Affairs, told the Federal National Council on Tuesday.
Al Tayer said the tax will have minimal socio-economic impact on people and investments. “The Impact on current, future investments in the country is expected at 0.68%,” Al Tayer said, adding VAT aimed at “achieving financial sustainability” for government. read here &  more is here