Author: dailyguardian.ae

In the past, several ‘post box’ entities operated out of Mauritius only to secure the tax benefit in India By HP Ranina/NRI Problems Question: Will foreign funds which have invested on Indian stock bourses be adversely affected by the amendments to the Indo-Mauritius tax treaty? ANSWER: A protocol has recently been signed by India and Mauritius to amend the Double Taxation Avoidance Agreement whereby an investor from Mauritius will not be able to claim treaty tax benefits merely on the basis of the entity being a resident of Mauritius. The investor will have to fulfill the conditions of the Principal…

Here are some thrilling ways to escape the summer heat and enjoy the indoors to the fullest By Compiled by Noopur Bangar From skydiving and ice skating under the roof to engaging in digital art exhibits and adrenaline-pumping slides with stunning scenery, there’s something in Dubai for all interests. Ski Dubai Ski Dubai at Mall of the Emirates in Al Barsha provides many fun activities in a snowy environment. You can interact with penguins, roll down hills in giant snowballs (zorbing), or ski down slopes. It’s an enjoyable way to stay energetic and cool off. If you’d rather take it…

The expansion brings a transformative upgrade to the hospital’s facilities Moorfields Eye Hospital Dubai, the first international branch of the prestigious 200-year-old Moorfields Eye Hospital NHS Foundation Trust in London, has announced the successful completion of a significant expansion project, now enhanced by a ceremonial ribbon cutting. This expansion increases the hospital’s capacity by 20 per cent and enhances accessibility to specialised eye care in Dubai and the wider region. The hospital celebrated this milestone on April 23, with a ribbon-cutting ceremony attended by key figures, including Dr Marwan Al Mulla, CEO of the Health Regulation Sector at Dubai Health…

Phil Salt’s attacking 68 and bowling figures of 3-16 by Varun Chakravarthy helped Kolkata Knight Riders hammer Delhi Capitals by seven wickets at a hot and humid Eden Gardens in the IPL on Monday. Chakravarthy, a mystery spinner, led Kolkata’s disciplined bowling to restrict Delhi to 153-9 as players, who remained drenched in sweat, and fans braved the intense heat in the colonial-era capital. Players from all the 10 IPL teams are keen to impress their national selectors with just one day left for countries to name their teams for the T20 World Cup in June. The in-form Salt, an…

It’s a tale as old as time: Boy meets girl. Boy sues girl over what it says are anti-competitive practices. Boy surprised when girl no longer wants to have anything to do with him. Boy writes pithy press release. Welcome, friends, to the current state of the relationship between Fubo and Warner Bros. Discovery. Fubo — the smallest of the major live streaming services in the U.S. — today announced that it has failed to renew a content agreement with Warner Bros. Discovery, which has led to the loss of a number of channels. That includes Discovery itself, along with…

The police are appealing for help after a 44-year-old man went missing in Umm Al Quwain. Taking to their social platforms on Saturday, the authority provided details about Bashar Ahmed Mahdi Al Dhaher, who went missing from his parent’s home in the emirate. The police provided a picture of Bashar, who is an Iraqi. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Residents who might have any information about him have been urged to contact the following numbers: 06-7062502 or 050-2107788.

Pakistan’s national carrier PIA will resume direct seasonal flights from Dubai to Skardu from May 3, 2024, to facilitate tourists and residents of that area. Ambassador Faisal Niaz Tirmizi, Pakistan’s envoy to the UAE, and Hussain Muhammad, consul general in Dubai, held a meeting with a delegation of Pakistan International Airlines (PIA) at Pakistan’s Consulate General, Dubai, where they were apprised that the airline is starting direct Dubai-Skardu direct flights from May 3. Direct flights from Dubai to Skardu will be on Friday while flights from Skardu to Dubai will be on each Monday. However, connecting flights will be available…

The Indian rupee was largely unchanged on Tuesday, tracking the rangebound movement in its Asian peers and largely steady US bond yields as traders await fresh cues from economic data due later in the week. The South Asian currency was at 83.3275 against the US dollar (22.705 against UAE dirham) around 9am, UAE time, slightly higher than its close of 83.3625 (22.714) in the previous session. Most Asian currencies were steady and the dollar index also hovered little changed at 106.1. [Editor’s Note: For real-time forex rates, click on the widget below or visit KT’s dedicated Trading News page here.]…

Pakistani singer Atif Aslam is gearing up for his debut in India’s Malayalam film industry. Recently, it was announced that he will sing a song for the movie ‘Haal.’ Directed by Prashanth Vijayakumar and produced by JVJ Productions, ‘Haal’ features Atif’s comeback in the Indian film industry after seven years. The film stars Shane Nigam in the lead role. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The movie will begin filming in Kozhikode, Kerala and will later move to Mysore, Karnataka and Jordan as shooting progresses. Shane Nigam will join the shoot in early…

“Miners refuse to work after death,” screamed the headline in a newspaper. So would I, one might well have thought, if I were dead! But the story sought to highlight a safety controversy at a mine: the intended meaning of the headline was that miners were refusing to work after a death there. But the ambiguous language of the headline invited ridicule rather than sympathy. Ambiguous sentences occur far too often in newspaper headlines drafted carelessly by editors in a hurry to meet deadlines. “Man Eating Piranha Mistakenly Sold as a Pet Fish” could mean that a piranha that eats…