Why Kolkata?
If India is a land of comfortable contradictions, then Kolkata is the ultimate example. Old and new, tasteful and tacky, opulence and poverty all live side by side. Many of its glorious buildings are derelict, with vegetation springing out of the walls. Drivers honk their horns incessantly, the traffic is awful and the streets dirty. But it has a pull like nowhere else. Nearly everyone who has ever worked or lived here feels the need to return.
A comfortable bed
The grande dame of Kolkata hotels is The Grand (www.oberoihotels.com; 0091 33 2249 2323). Originally built in the 1880s, it was the first hotel to be bought by Oberoi. Right beside the bustling New Market bazaar, it's a hub for visitors streaming in and out. Rooms cost from about 14,000 rupees (Dh828) per night, including taxes.
For a calmer, classier five-star experience, go to the Taj Bengal (www.tajhotels.com; 0091 33 6612 3939). It's only a 10-minute drive from Chowringhee across the Maidan (the central park) and is the greenest, cleanest precinct in the city. The views from the roof terrace in the evening are superb and the hotel has several great restaurants. It's difficult to book during wedding season, which runs from November to March. Rooms cost from 14,000 rupees (Dh828).
If you don't want to pay five-star prices, stay at the Tollygunge Club (www.tollygungeclub.org; 0091 33 2417 6022). It's an old colonial country club, set on 110 acres. The food isn't great and the hotel is about 30 minutes' drive from the city centre, but quicker if you take the excellent, clean, fast metro. Rooms cost from 5,000 rupees (Dh295), including taxes, while the cottages start from 7,500 rupees (Dh444). For an additional 2,500 rupees (Dh148), you can also get a tennis lesson, horse ride, manicure, pedicure and blow dry.
Find your feet
Most hotels will arrange walking tours or they can be booked independently with www.calcuttawalks.com. Tours, which start at 7am and take three hours, cost 1,500 rupees (Dh89) per person.
Taxis are cheap and plentiful, but if you want a personal guide, Husna Tara Prakash (www.glenburnteaestate.com) offers one-, two- and three-day tours, with prices starting from 29,600 rupees (Dh1,751). The package includes a guide, an air-conditioned car, all entry fees and lunches for two people.
To get a sense of the city at work, go to the flower market on the banks of the River Hooghly in the early morning. About five times the size of London’s Covent Garden, this is the supply engine for the hotels, parties, weddings and daily religious celebrations. It’s not on the tourist trail and no one will take any notice of you.
Other musts to visit are the South Park Street Cemetery, the Mother House and the Victoria Memorial (much more interesting in terms of Kolkata’s history than the Indian Museum), all of which are pretty central. There are several architecturally impressive buildings to the north of the city, the most bizarre of which is the Marble Palace.
Meet the locals
While Mumbai has the celebrities and Delhi the politicians, Kolkata is the intellectual and cultural heart of India. This is where the famous writers, poets and philosophers were born and lived, the most famous of whom is the Nobel laureate Rabindranath Tagore. The house where he was born, and a focal point for the Bengali Renaissance and freedom struggle, is now a museum showcasing Bengali life, located in the Bengali quarter to the north of the city.
Book a table
There are numerous high-end restaurants, many in the hotels, as well as local Bengali restaurants.
Afternoon tea at the legendary Flurys (www.flurysindia.com; 0091 33 4064 6053) on the fashionable Park Street is an old-Calcutta institution. A homemade cake or meringue and cream will set you back less than 300 rupees (Dh18). Also on Park Street is Trincas, which is famous for its evening jazz band. The food is good and reasonably priced; fish jalfrezi, one of the most expensive dishes, is only 340 rupees (Dh20). At the top end, the Chinoiserie at the Taj Bengal is considered one of the best in the country to boast a starred Chinese chef.
Shopper's paradise
If you want to avoid tourist shops and prices, go to July, a small clothes shop on the corner of Gurusaday Road, which sells a range of beautiful silk dresses from about 300 rupees (Dh18). Good Companions is a charitable cooperative in the centre of town that's been selling intricately embroidered clothes, tablecloths, pashminas and nightgowns for the past 80 years, with profits going to the villagers who make them. Prices range from about 800 rupees (Dh47) for an embroidered child's dress to 8,000 rupees (Dh473) for an intricate tablecloth. The Oxford Bookstore (www.oxfordbookstore.com) on Park Street is one of Kolkata's oldest bookshops and perfect for hours of browsing. The main bazaar, New Market, also has to be visited, offering food, jewellery, fabrics, silver, clothes and more. Visitors should be prepared to be followed everywhere by locals wanting you to visit their stalls, however.
What to avoid
Park street at 1pm. The system of one-way traffic reverses, to flow in the opposite direction.
Don’t miss
A lime and soda with masala peanuts under the Shamiana (a traditional open-air restaurant) at Tollygunge, priced at about 300 rupees (Dh18).
Go there
Etihad (www.etihad.com; 02 599 0000) now flies direct from Abu Dhabi to Kolkata, with a flight time of about four hours, starting from Dh780.
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Rocketman
Director: Dexter Fletcher
Starring: Taron Egerton, Richard Madden, Jamie Bell
Rating: 3 out of 5 stars
2024%20Dubai%20Marathon%20Results
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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Most memorable achievement: Leading my first city-wide charity campaign in Toronto holds a special place in my heart. It was for Amnesty International’s Stop Violence Against Women program and showed me the power of how communities can come together in the smallest ways to have such wide impact.
Favourite film: Childhood favourite would be Disney’s Jungle Book and classic favourite Gone With The Wind.
Favourite book: To Kill A Mockingbird for a timeless story on justice and courage and Harry Potters for my love of all things magical.
Favourite quote: “We make a living by what we get, but we make a life by what we give.” — Winston Churchill
Favourite food: Dim sum
Favourite place to travel to: Anywhere with natural beauty, wildlife and awe-inspiring sunsets.
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The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
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