India clarifies income tax rule for NRIs

Dubai: The Government of India has clarified that Indian expatriates have to provide their foreign bank account details only if they do not have a bank account in India when they apply for income tax refunds. The government’s official statement issued on ... ( read original story ...)

Usman Dar claims Asif ‘hid’ UAE employment

He said that at first Prime Minister Nawaz Sharif proved to be chairman of the FZE Dubai Company as per the JIT report and now Khawaja Asif contract has come before the nation. He said that the Iqama and offshore bank accounts of all candidates of the PML ... ( read original story ...)

Lulu Exchange acquires Al Falah Exchange

Promoth Manghat, the chief executive of UAE Exchange - the biggest foreign exchange network in the Emirates and the GCC - said he expected more consolidation in the industry to follow. This, he said, follows new Central Bank regulations on capital ... ( read original story ...)

DUBAI NEWS: Our top stories this week

1. Sean Connolly to open Dubai Opera restaurant in September Prominent chef Sean Connolly is stepping up to the task with a contemporary brasserie serving steak and seafood, opening this September. ‘Sean Connolly at Dubai Opera’ will have an informal ... ( read original story ...)