Egypt sees 103 new coronavirus cases to reach 1173; death toll up 7 to 78    EGX starts week in red amid Arab, foreign selling    Ahmad Abdalla's Exterior/Night comes fourth on Netflix daily rankings in Egypt    The Minister of International Cooperation launches the results of the Global Partnership for Effective Development Cooperation Survey    South Sudan has 1st virus case, is 51st country in Africa    Disney+ content to make exclusive Middle East debut on OSN    4.3 magnitude earthquake hits East Nueweiba    Worldwide coronavirus cases cross 1 million, death toll passes 64,000    ‘Screens and Streams': Arab Fund for Arts and Culture releases films and music online    'Complete collapse of economies' ahead as Africa faces virus    Pope begins Holy Week events without the public    Art Alert: Cairo Steps and Um Kulthoum are highlights of culture ministry YouTube channel's new releases    Serbian player sentenced to 3 months at home for flouting curfew    Egypt non-oil private sector contracts faster as virus hits -PMI    Kenny replaces McCarthy as Ireland manager    ‘Stay home. Save lives': Google Doodle provides tips to help stop spread of Coronavirus    Egypt's swimmer Osman quarantined in Red Sea resort after returning from US    Tesla cuts contractors from California, Nevada factories: CNBC    17 doctors, nurses at Egypt's National Cancer Institute test positive for coronavirus    Egypt delays launch of mega projects to 2021 due to coronavirus    Sisi: Egypt in solidarity with people of whole world in coronavirus    Japan ready to give coronavirus-hit nations anti-flu drug Avigan for free    Egypt's Zamalek to extend Carteron's contract after end of coronavirus    Amazon to postpone Prime Day sales event due to coronavirus    Comedy puppet Abla Fahita returns to screens during Egypt's curfew    Broadcaster predicts Spain's La Liga restart in July with no fans    Apple to stop taking cut of some Amazon video purchases on App Store    Filling GERD will begin this rainy season: Ethiopian PM    Egypt's Supreme Council of Culture launches three new competitions    Freed from detention    Huawei to explore the ultimate potential on its Huawei P40 series    Egypt, MENA growth forecast at 2.7%, -0.3% respectively: IIF    Prosecution warns of EGP 300k fine or 2-year jail for spreading fake coronavirus news    Al-Sisi discusses joint coronavirus efforts with Abu Dhabi Crown Prince    Saudi Arabia intercepts missiles over Riyadh    CBE temporarily regulates cash deposits, withdrawals    Lagging COVID-19 response to shield frail economy: Rouhani    Farwell to Egyptian comedian George Sidhom    Weekend's virtual concerts, plays, and festivals people can stream at home    Amid coronavirus outbreak, Egyptian Premier League cancellation seems inevitable    Brazilian football stadiums transformed into hospitals to treat coronavirus patients    Stay At Home: Ministry of Culture to publish free books online for public browsing    What to watch to kill time in quarantine?    Ethiopia has not sent Egypt latest designs for GERD: Minister of Irrigation    Nigerien President hails Egypt's diplomatic attempts to reach agreement over GERD    Al-Sisi appreciates Kenya's support to Egypt's stance on GERD    Cairo court acquits Mubarak's sons of stock market manipulation    Egypt's President Sisi pardons some prisoners on 25 Jan. Revolution anniversary    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Egypt parliament approves amendments to six laws on security and economic activities
Published in Ahram Online on 24 - 02 - 2020

Egypt's parliament finally voted on Monday in favour of amendments to six laws covering security and economic activities, including amendments to the law on terrorist entities (8/2018) and the law on anti-terrorism (94/2015).
These two laws were approved in principle on 9 and 10 February, but a final vote was postponed until they are revised in legal and constitutional terms by the State Council.
The amendments to the abovementioned two laws toughen penalties against terrorists and target their sources of funding.
The terrorist entities law's amended Article 1 now states that "associations, organisations, groups, and institutions that are established by individuals, companies, institutions, gangs and cells or others regardless of their legal or actual form will be designated as terrorist as long as they are involved in any way – in Egypt or abroad – in harming citizens, spreading terrorism, and endangering lives, freedoms, rights and security."
As for the amendment to the anti-terrorism law, it aims to clamp down on sources of funding for terrorist crimes and toughening penalties to include the death penalty.
Article 3 of the law is amended to widen the scope of the definition of sources of funding for terrorist acts. It now states that "the crime of funding terrorism shall take any of the following forms: collecting, obtaining, acquiring, supplying, transferring, and providing money or weapons, ammunition, explosives, equipment, statements, information, or material or others – directly or indirectly – and using any means, including digital or electronic forms, to be used in carrying out terrorist crimes or in providing a safe haven for one terrorist or more."
Also on Monday, parliament finally approved the amendments to four economic laws.
Topping the list is the amendment to the new 30-article consumer finance law, which regulates consumer finance companies and outlines the process of their being established outside the banking sector.
Second on the list are the amendments to the tax dispute settlement law (79/2016). Minister of Finance Mohamed Maeet said the law aims to facilitate the settlement of tax disputes and fines estimated at EGP 19.5 billion.
Parliament also finally approved on Monday new amendments to the new personal data protection law.
The law was approved in principle on 3 November 2019, but a final vote was postponed until the Ministry of Telecommunications and the Central Bank of Egypt reach an agreement on Article 2, which now states that personal data collected by the Central Bank of Egypt will be excluded from the effect of this law which generally outlines the rules for how businesses use personal data and information collected online.
On Monday, parliament also approved – in principle – new amendments to the value added tax law (67/2016).
The new amendment aims to bring "electronic cigarettes" under the VAT law.
An explanatory note said the state's 2019/20 budget aims to boost revenues from taxes on smoking material by EGP 8.9 million.
"This is could be difficult as many smokers have turned to electronic cigarettes, so it was decided that the VAT law be amended to include this new kind of non-traditional smoking, and that tax brackets on cigarette products in the local market also be increased to go in line with international standards in this respect."
The first bracket will increase prices of cigarette products by 50 piastres, the second bracket by one pound, the third bracket by 50 piastres. An EGP 2 VAT tax will be levied on electronic cigarettes.


Clic here to read the story from its source.