Author: dailyguardian.ae

Companies are required to evaluate the implications of deferred tax By Mahar Afzal/Compliance Corner In our previous three articles, we had generic discussion about the deferred tax, where we highlighted the difference between accounting profits and taxable profits due to the different basis applied to calculate the profits. Some items like fines and penalties create differences of a permanent nature, which have an impact on one tax period while others, like the pattern of allocation of assets, generate differences of a temporary nature, which have an impact in multiple tax periods. Only temporary differences lead to deferred tax, which is…

Pakistani singer Atif Aslam, popular for hits like ‘Tu Jaane Na,’ ‘Dil Diyan Gallan,’ and ‘Jeena Jeena,’ often shares pictures and videos on his social media platforms to offer glimpses into his personal life. This time too, the singer took to his Instagram to share pictures of his daughter, Haleema, on the occasion of the little one’s first birthday. In the first picture, Atif can be seen happily playing with the little kid. In another picture, the singer shared a heart-melting image of the one-year-old with a caption that read, “Baba has kept princess’s shoe in his pocket, jab Haleema…

Rajasthan Royals beat Lucknow Super Giants by 20 runs to make a winning start to their IPL campaign in Jaipur on Sunday. For RR, skipper Sanju Samson smashed an unbeaten 82 in 52 balls in their total of 193 for four. Samson led from the front and struck three fours and six sixes while adding 93 runs for the third wicket with Riyan Parag (43). In reply, Nicholas Pooran’s unbeaten 64 off 41 balls went in vain as LSG finished on 173 for 6. Skipper KL Rahul made a sedate 58 off 44 balls, eating up a lot of deliveries.…

The 2-in-1 laptop is a flexible format that can work as a standard clamshell machine while offering optional (or primary) tablet functionality. Although not typically targeted at gaming, there are some 2-in-1s that do a good job of it, so if you want to game in your off hours, or want a portable laptop and tablet that can also play games, then buying the best 2-in-1 for gaming will set you up nicely. There are a few types of 2-in-1s to pick from, including the detachable tablet, the 360-degree convertible, and the pull-forward design, but regardless of the type, the…

After intermittent rainfall over several days in the UAE, the usually dry landscapes of the country have undergone a stunning makeover, unveiling a green spectacle rarely witnessed in this region. The typically grey and arid terrain is now covered with a lush green carpet in a refreshing transformation. Much to the amusement of residents, where once only dry land stretched out, a vibrant cover of life now unfolds along the roadside. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The mountains of Al Huwaylat in Ras Al Khaimah are covered in greenery, while the Ghaf…

At least 137 of nearly 300 Nigerian children abducted more than two weeks ago from their school in the northwestern state of Kaduna were released on Sunday, the West African nation’s military said. An earlier statement from the government suggested that all the students were freed. Motorcycle-riding gunmen invaded the Kuriga school on March 7 and marched the children into the forests before security forces could arrive, as terrified families watched helplessly. School authorities said a total of 287 students were kidnapped during the attack, at least 100 of them are aged 12 or younger. Stay up to date with…

Jamal Bin Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC), stated that UAE investments abroad are performing well despite global economic fluctuations. The UAE is expanding its investment portfolio to secure future generations with valuable and viable projects, demonstrating sound economic management and commitment to development and cooperation. Al Jarwan said, “The UAE has strengthened its position in the global economy. The total value of UAE assets abroad, whether government or private, is estimated at $2.5 trillion as of early 2024. It ranked first in the Arab region and West Asia and 15th globally, and second globally…

Comedian Kapil Sharma is back to entertain the audience with his famous talk show, which will now come on OTT. On Saturday, Kapil unveiled the trailer of The Great Indian Kapil Show. The brief trailer gives a sneak peek into what the upcoming Netflix show has in store for the fans. In the show, celebrities like Ranbir Kapoor, Aamir Khan and Diljit Dosanjh will mark their presence. The episodes have already been shot. In the trailer, we can see Ranbir gracing the couch of Kapil’s show with his mother and veteran actor Neetu Kapoor and sister Riddhima Kapoor Sahni. Diljit…

Aryna Sabalenka, back on court for the second time in as many days following the apparent suicide of former boyfriend Konstantin Koltsov, had a difficult and emotional week come to an end on Saturday with a 6-4 1-6 6-1 loss to Anhelina Kalinina. After a gutsy second round win on Friday over good friend Paula Badosa the world number two appeared to have little left in the tank physically, mentally or emotionally for a late night Stadium court battle with Ukrainian Kalinina. When her return wide gave Kalinina the match the 25-year-old Belarusian bowed her head, took a few steps…

The Philadelphia 76ers continue their trip through the Pacific Division when they take on the Los Angeles Clippers at Crypto.com Arena in some Sunday afternoon NBA action. Tip time — 3:30 p.m. ET — is quickly approaching. The game will be televised on NBC Sports Philadelphia (76ers markets only) and Bally Sports SoCal (Clippers markets), but if you don’t have those channels or you live out of market, there are several ways you can watch a live stream of the game for free. Is There a Free 76ers vs Clippers Live Stream? We have different ways you can watch a…