Arabian Post SpecialDubai, long a haven for international finance with its tax-friendly policies, has shaken things up with a new law imposing a 20% annual tax on foreign banks operating within the emirate. This move marks a significant shift and has far-reaching implications for both Dubai’s financial landscape and the strategies of foreign banks in the region.One key aspect of the law is its targeted nature. Foreign […]
By K Raveendran The Indian election season is a vibrant spectacle. Rallies thrum with energy, multi-coloured flags flutter, and manifestos lay out grand visions for the future. Yet, beneath the celebratory veneer lies a troubling question: are these promises merely a game of rhetoric, with little chance of translation into reality? Maybe, it is time […]
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