Experts advised non-resident Indians (NRIs) investing in India to focus on the bigger picture rather than reacting to short-term events or market fluctuations. Speaking at the 42nd annual international conference organized by the Institute of Chartered Accountants of India (ICAI) Dubai chapter, industry leaders emphasized the importance of patience and long-term vision when investing in…
Dubai has become a preferred destination for Indians investing in overseas property. In response to this trend, the Indian Income Tax Department is ramping up its efforts to track foreign assets owned by Indian residents. If you’re planning to purchase property in Dubai, here are nine critical tax obligations and compliance considerations highlighted by experts….
Mangaluru is set to establish its first Southeast Asian air link with a direct flight to Singapore, marking a significant milestone for the coastal city. Starting January 21, Air India Express will operate a nonstop service between Mangaluru International Airport (IXE) and Singapore’s Changi Airport (SIN), with flights scheduled twice a week. This long-awaited connection…
Weeks before welcoming his first child, Vinod Puthiya Purayil’s life took a joyous turn as he won $1 million in the Dubai Duty-Free Millennium Millionaire raffle. The 29-year-old, originally from Kannur, Kerala, called the win a “gift from above” for his growing family. Purayil, an equipment operator at Dnata, won with ticket number 1880, purchased…
Dubai will reintroduce a 30% municipality tax on alcohol sales from January 1, 2025, as confirmed by retailer African + Eastern. The tax, initially lifted in January 2023 as part of a 12-month trial, was extended until the end of December 2024. However, the Dubai Municipality has now announced the tax’s reinstatement, requiring all hospitality…
Indian expatriates in the UAE can now surprise their loved ones in India through Swiggy, the popular on-demand platform. UAE residents can log into the app using their local phone numbers and place orders for food, gifts, and even restaurant bookings in India. “We deliver to almost 700 cities across India. People from here [in…
India is rapidly emerging as the world’s fastest-growing luxury market, offering unprecedented opportunities for GCC retailers and e-commerce platforms. A new report, India Unveiled: The Glittering New Luxury Frontier by CXG, highlights the evolving landscape, revealing key trends and market projections for sectors ranging from fashion and jewellery to wellness and digital commerce. India’s transition…
Aravind Appukuttan, an Indian expatriate based in Sharjah, has won the incredible Dh25 million grand prize in the Big Ticket Abu Dhabi draw (series 269). This life-altering win will be shared with 20 friends, as Appukuttan revealed during the announcement. The winning ticket, number 447363, was purchased on November 22 after two years of dedicated…
Discover exclusive discounts on the best attractions across the UAE. Enjoy reduced prices for world-famous sites like Burj Khalifa and Louvre Abu Dhabi, as well as exciting activities in Ras Al Khaimah. Don’t miss out on these limited-time offers! Abu DhabiAl AinDubai Ras Al Khaimah Abu Dhabi Louvre Abu Dhabi Museum Emirates Park Zoo Ferrari…
Get ready for an unforgettable experience as Global Village returns for its 29th season, running until May 11, 2025! Whether you’re a culture enthusiast, thrill-seeker, food lover, or shopaholic, there’s something for everyone in this iconic park. Ticket Prices Tickets are now on sale, with prices remaining the same as previous seasons: Buy your tickets…
Dubai’s Roads and Transport Authority (RTA) has announced new Variable Road Toll Pricing (Salik) and Variable Parking Tariff Policies as part of its plan to enhance traffic management in the city. These measures will take effect in 2025 to optimize traffic flow and parking availability. Salik Toll Pricing Details The Variable Salik system, set to…
The PAN 2.0 Project is an ambitious e-governance initiative in India, approved by the Cabinet Committee on Economic Affairs (CCEA) under the Income Tax Department and led by Prime Minister Narendra Modi. Announced on November 25, 2024, this project aims to modernize the taxpayer registration system in India by implementing Digital PAN/TAN services. The Indian…