Saudi Arabia bans foreign workers in 12 sectors; Indian expats to be affected

Agencies
February 6, 2018

New Delhi, Feb 6: In a bid to pressure companies into hiring more Saudi citizens and reduce unemployment in the country, the Kingdom of Saudi Arabia has imposed a restriction on the expatriates from working in 12 sectors.

The tighter policy has been approved by Labor Minister Ali bin Nasser al-Ghafis, a report in Prabhat Khabar said.

The new rule could potentially affect large numbers of people since about 12 million foreigners work in Saudi Arabia, doing many of the strenuous, dangerous and lower-paid jobs shunned by 20 million Saudi citizens.

The restriction is also likely to affect over 30 lakh Indians who live and work in Saudi Arabia.

Minister of Labour and Social Development will restrict working in these 12 sectors in a phased manner.

The following sectors will be restricted for hiring of expatriates from September 11, 2018:

- Car and motorbike showrooms

- Readymade clothes stores

- Home and office furniture stores

- Home appliances and kitchen utensils stores

The following sectors will be restricted for hiring of expatriates from November 9, 2018

- Electronics stores

- Watches and clocks stores

- Optics stores

The following sectors will be restricted for hiring of expatriates from January 7, 2019

- Medical equipment and supplies stores

- Building material stores

- Auto spare parts stores

- Carpet selling stores

- Sweet shops

The jobless rate among Saudis aged 15 to 24 stood at 32.6 percent last year, according to the International Labour Organisation. Saudi Arabia posted an economic contraction in 2017 for the first time in eight years due to severe austerity measures.

The new rule is a part of the ongoing economic reforms launched last year to ease joblessness among Saudis by 2020. Saudi Arabia is India's fourth largest trade partner after China, the US and the UAE.

The country is a major source of India's energy requirement as it accounts for almost one-fifth of India's crude oil requirement.

Comments

Nagesh
 - 
Tuesday, 6 Feb 2018

maybe they could sell pakodas there.

 

Hari
 - 
Tuesday, 6 Feb 2018

Why it affects only workers? What about the people who running companies or business there? Through them country getting benefit. so those people needed..!

Kumar
 - 
Tuesday, 6 Feb 2018

It will affect more to Indian economy. Indian economy bulit by arab countries money... by indian people who work in arab countries

Danish
 - 
Tuesday, 6 Feb 2018

Indirectly they are doing Swadeshi movement. many countries following the same thing.

Mohan
 - 
Tuesday, 6 Feb 2018

India should do the same for creating more job oppurtunities to Indian citizens

Ganesh
 - 
Tuesday, 6 Feb 2018

Many countries doing the same for protecting their people. Foreigners doing work their may create lack of jobs for citizens.

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News Network
February 27,2020

New Delhi, Feb 27: Congress leader Priyanka Gandhi Vadra on Thursday attacked the government over the transfer of Delhi High Court Judge S Muralidhar, saying the Centre's attempts to "muzzle" justice and "break people's faith in an upright judiciary are deplorable".

Delhi HC Judge S Muralidhar was transferred to the Punjab and Haryana High Court, days after the Supreme Court collegium made the recommendation.

"The midnight transfer of Justice Muralidhar isn't shocking given the current dispensation, but it is certainly sad & shameful," Priyanka Gandhi tweeted. "Millions of Indians have faith in a resilient & upright judiciary, the government’s attempts to muzzle justice & break their faith are deplorable," she said.

The judge was hearing the Delhi violence case and the late evening notification came on the day when a bench headed by him expressed "anguish" over the Delhi Police's failure to register FIRs against alleged hate speeches by three BJP leaders.

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News Network
February 1,2020

New Delhi, Feb 1: The budget is a little more demanding of the non-resident Indian. Firstly, to be categorized a non-resident, an Indian now has to stay abroad for 240 days, against 182 previously. In other words, an Indian national, to claim the non-resident status, can’t stay in India for 120 days or more in a year.

“We've made changes in Income Tax Act where if an Indian citizen stays out of the country for more than 182 days, he becomes non-resident,” said Revenue Secy Ajay Bhushan Pandey. “Now in order to become non-resident, he has to stay out of the country for 240 days.”

The second rule is more deadly: a non-resident Indian, who is not taxed in the foreign country, will become taxable in India.

“If any Indian citizen is not a resident of any country in the world, he'll be deemed to be a resident of India and his worldwide income will be taxed,” said Pandey.

"It's a very big disadvantage for Indians residing overseas only to save on tax,"  said Dinesh Kanabar of Dhruva Advisors. He expects that many Indians stay abroad in countries, where the income tax is low or nil such as Dubai. Now they will be taxed in India if they are in the income tax bracket.

For Indians, finance minister Nirmala Sitharaman revised income tax rats and proposed new tax slabs.

The new income tax rates will, however, not allow exemptions under Section 80C. Home loan exemption, insurance exemptions, the standard deduction will also not stay under the regime.

"The new tax regime will be optional and the taxpayers will be given the choice to either remain in the old regime with exemptions and deductions or opt for the new reduced tax rate without those exemptions," Sitharaman said while unveiling Budget.

Comments

Kannadiga
 - 
Saturday, 1 Feb 2020

Good news NRIs vote for modi . 

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News Network
July 3,2020

Mangaluru, Jul 3: Four central crime branch (CCB) police personnel tested positive for coronavirus on Friday in Dakshina Kannada district in Karnataka.

So far, eighteen police personnel, including an official of the ACP rank and 12 from Ullal police station, have tested positive for Covid-19 in the district in the last few days, police sources said.

A policeman from Mangaluru Rural station and another from Puttur station have also been infected.

All the personnel who tested positive have been admitted to the designated Covid-19 hospitals.

City police commissioner Vikash Kumar Vikash said adequate protection has been provided to police personnel who were fighting the pandemic and the members of their families.

As of Thursday, the total coronavirus cases in the district stood at 923 and the toll 18 while the state's infection count has crossed the 18,000 mark with 272 deaths.

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