Onus of paying gift tax now rests on NRIs
Dubai: A subtle, yet very significant change brought about in Indian tax laws in the latest budget will make it mandatory for non-resident Indians (NRIs) to pay taxes on gifts…
UAE banks ready to face domestic and external risks
The UAE’s banking system continues to remain strong enough to weather global macro-financial risks. That was what the 2018 stress tests on the country’s banking sector revealed. It should come…
Djokovic marches into semi-final as Federer, Nadal eye match-up
London: Four-time champion Novak Djokovic reached the Wimbledon semi-finals for the ninth time on Wednesday, racking up his 70th career win at the All England Club in the process.###The top…
US to increase Iran sanctions ‘substantially’
WASHINGTON/VIENNA: President Donald Trump accused Iran on Wednesday of secretly enriching uranium for a long time and said US sanctions would be increased “substantially” soon, as the UN nuclear watchdog…
Good Samaritans help Indian UAE visitor go home; he had cancer and was in debt
Ras Al Khaimah: Good Samaritans in the UAE came together to help an unemployed Indian visitor return home. He was left mentally incapacitated after developing seizures and collapsing in the streets…
Emirates to offer uninterrupted Wi-Fi, live TV on US flights
DUBAI: Emirates’ passengers bound for the US will soon be able to enjoy Wi-Fi, mobile service connectivity and Live TV broadcast, even when flying 40,000 feet over the North Pole…
Shisha, e-cigarettes to require ‘Digital Tax Stamp’ from November
Abu Dhabi: Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and Chairman of the Federal Tax Authority, FTA, has issued a Decision whereby the…
Goa Congress splits, 10 MLAs join BJP
Panaji: In a major coup, the BJP in Goa late on Wednesday engineered a split in the 15-member Congress legislature party and inducted the 10-member splinter group headed by the…
Rishi Kapoor was a brat and a bully, says Neetu Kapoor
Veteran actors Neetu and Rishi Kapoor might give couple goals to many, but their first meeting years ago was a “horrible” one.###“I had a horrible first meeting with Rishi Kapoor.…