KuwaitOther News

No plans to collect income taxes

KUWAIT: Kuwait has no plans to collect income taxes from its citizens neither soon nor at any time in the future, Deputy Prime Minister, Minister of Finance and Acting Minister of Oil Dr Anas Al-Saleh said. Instated, the government is studying measures in cooperation with the National Assembly pertaining with collecting taxes from companies’ net profits, he said, adding that the government currently focuses on rationalizing subsidies and diversifying sources of income. – Al-Anbaa

Official files for retirement
KUWAIT: The Interior Ministry’s Assistant Undersecretary for Borders Security Affairs Major General Anwar Al-Yassine has submitted his papers for retirement, a local daily reported yesterday quoting sources. Deputy Prime Minister and Interior Minister Sheikh Mohammad Al-Khaled Al-Sabah had referred Yassine to the ministry’s general diwan for administrative investigations pertaining with his alleged relationship with a case pending in court, Al-Rai reported. – Al-Rai

Subbiya unit back to service
KUWAIT: The steam unit number 20 at Subbiya Power Plant re-launched last Wednesday night following a two-year suspension due to a fire. The unit returned to service after all damages caused by a fire that happened on January 20, 2014 were successfully repaired, said Fuad Al-Oun, the Assistant Undersecretary for Operations and Maintenance at the Ministry of Electricity and Water (MEW). The unit’s total production capacity reaches 220 megawatts per day, Oun added. – Al-Qabas

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