• India’s Virat Kohli celebrates the wicket of South Africa’s Kyle Verreynne on the first day of the third Test against South Africa on January 12, 2022. Reuters
    India’s Virat Kohli celebrates the wicket of South Africa’s Kyle Verreynne on the first day of the third Test against South Africa on January 12, 2022. Reuters
  • Kohli top-scored with 79 in the first innings of the third Test against South Africa in Cape Town. Reuters
    Kohli top-scored with 79 in the first innings of the third Test against South Africa in Cape Town. Reuters
  • Kohli congratulates Rassie van der Dussen after South Africa beat India in the Test series on Friday. AP
    Kohli congratulates Rassie van der Dussen after South Africa beat India in the Test series on Friday. AP
  • Indian captain Virat Kohli congratulates South Africa’s Temba Bavuma on hitting the winning runs in the third Test. AP
    Indian captain Virat Kohli congratulates South Africa’s Temba Bavuma on hitting the winning runs in the third Test. AP
  • India’s Virat Kohli and Rishabh Pant claim for a wicket against South Africa. Reuters
    India’s Virat Kohli and Rishabh Pant claim for a wicket against South Africa. Reuters
  • Kohli and Cheteshwar Pujara during the third Test against South Africa. Reuters
    Kohli and Cheteshwar Pujara during the third Test against South Africa. Reuters
  • Virat Kohli celebrates after Kannur Rahul takes the wicket of Aiden Markram during the third Test match against South Africa. AP
    Virat Kohli celebrates after Kannur Rahul takes the wicket of Aiden Markram during the third Test match against South Africa. AP
  • Kohli plays a shot during the third day of the third Test. AP
    Kohli plays a shot during the third day of the third Test. AP
  • Rishabh Pant is congratulated by India captain Kohli. AFP
    Rishabh Pant is congratulated by India captain Kohli. AFP
  • Virat Kohli plays a shot. Getty
    Virat Kohli plays a shot. Getty

Virat Kohli quits as India Test captain


  • English
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Virat Kohli has stepped down as captain of the India Test side following their series defeat by South Africa.

The 33-year-old first led his country in red-ball cricket temporarily during the winter tour of Australia in 2014 before he permanently took the reins from MS Dhoni at the end of the series.

During his tenure as India’s Test captain, Kohli helped them become the number one side in the ICC Test rankings and saw them finish runners-up in the World Test Championship Final last summer.

“It’s been seven years of hard work, toil and relentless perseverance every day to take the team in the right direction,” Kohli posted on Twitter.

“I’ve done the job with absolute honesty and left nothing out there. Everything has to come to a halt at some stage and for me as Test captain of India, it’s now.

“There have been many ups and also some downs along the journey, but never has there been a lack of effort or lack of belief.

“I have always believed in giving my 120 per cent in everything I do, and if I can’t do that, I know it’s not the right thing to do. I have absolutely clarity in my heart and I cannot be dishonest to my team.”

The India batter relinquished the Twenty20 captaincy after the T20 World Cup in November and was also replaced as one-day skipper by Rohit Sharma last month.

Kohli was in charge of India’s red-ball team on 68 occasions, winning 40 matches but he signed off following a 2-1 series loss at home to South Africa this week.

Kohli's major wins as captain included victory over Australia in 2018-19 - India's first series win Down Under and one that Kohli at the time described as the "proudest" moment of his career.

He also led India to a 2-1 away series win over England last summer, with the final match at Old Trafford being cancelled due to Covid-19.

Kohli added: “I want to thank the BCCI [Board of Control for Cricket in India] for giving me the opportunity to lead my country for such a long period of time and more importantly to all the teammates who bought into the vision I had for the team from day one and never gave up in any situation. You guys have made this journey so memorable and beautiful.

“To Ravi Bhai [Shastri] and the support group who were the engine behind this vehicle that moved us upwards in Test cricket consistently, you all have played a massive role in bringing this vision to life.

“Lastly, a big thank you to MS Dhoni who believed in me as captain and found me to be an able individual who could take Indian cricket forward.”

Kohli has played 99 Tests and scored 7,962 runs at an average of 50.39. He has hit 27 Test centuries but not passed three figures in red-ball cricket for his country since November 2019, a run of 15 matches and 27 innings.

“BCCI congratulates Virat Kohli for his admirable leadership qualities that took the Test team to unprecedented heights,” said a BCCI statement. “He led India in 68 matches and has been the most successful captain with 40 wins.”

No announcement has been made about who will take over as India's next captain, although opener KL Rahul's name has already started doing the rounds.

The board's secretary Jay Shah wrote on Twitter after Kohli's surprise announcement: “Virat turned the team into a ruthless fit unit that performed admirably both in India and away. The Test wins in Australia & England have been special.”

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Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Navdeep Suri, India's Ambassador to the UAE

There has been a longstanding need from the Indian community to have a religious premises where they can practise their beliefs. Currently there is a very, very small temple in Bur Dubai and the community has outgrown this. So this will be a major temple and open to all denominations and a place should reflect India’s diversity.

It fits so well into the UAE’s own commitment to tolerance and pluralism and coming in the year of tolerance gives it that extra dimension.

What we will see on April 20 is the foundation ceremony and we expect a pretty broad cross section of the Indian community to be present, both from the UAE and abroad. The Hindu group that is building the temple will have their holiest leader attending – and we expect very senior representation from the leadership of the UAE.

When the designs were taken to the leadership, there were two clear options. There was a New Jersey model with a rectangular structure with the temple recessed inside so it was not too visible from the outside and another was the Neasden temple in London with the spires in its classical shape. And they said: look we said we wanted a temple so it should look like a temple. So this should be a classical style temple in all its glory.

It is beautifully located - 30 minutes outside of Abu Dhabi and barely 45 minutes to Dubai so it serves the needs of both communities.

This is going to be the big temple where I expect people to come from across the country at major festivals and occasions.

It is hugely important – it will take a couple of years to complete given the scale. It is going to be remarkable and will contribute something not just to the landscape in terms of visual architecture but also to the ethos. Here will be a real representation of UAE’s pluralism.

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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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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Key developments

All times UTC 4

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If you go...

Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.

Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50

Day 5, Abu Dhabi Test: At a glance

Moment of the day When Dilruwan Perera dismissed Yasir Shah to end Pakistan’s limp resistance, the Sri Lankans charged around the field with the fevered delirium of a side not used to winning. Trouble was, they had not. The delivery was deemed a no ball. Sri Lanka had a nervy wait, but it was merely a stay of execution for the beleaguered hosts.

Stat of the day – 5 Pakistan have lost all 10 wickets on the fifth day of a Test five times since the start of 2016. It is an alarming departure for a side who had apparently erased regular collapses from their resume. “The only thing I can say, it’s not a mitigating excuse at all, but that’s a young batting line up, obviously trying to find their way,” said Mickey Arthur, Pakistan’s coach.

The verdict Test matches in the UAE are known for speeding up on the last two days, but this was extreme. The first two innings of this Test took 11 sessions to complete. The remaining two were done in less than four. The nature of Pakistan’s capitulation at the end showed just how difficult the transition is going to be in the post Misbah-ul-Haq era.

Credits

Produced by: Colour Yellow Productions and Eros Now
Director: Mudassar Aziz
Cast: Sonakshi Sinha, Jimmy Sheirgill, Jassi Gill, Piyush Mishra, Diana Penty, Aparshakti Khurrana
Star rating: 2.5/5

Fight card

1. Bantamweight: Victor Nunes (BRA) v Siyovush Gulmamadov (TJK)

2. Featherweight: Hussein Salim (IRQ) v Shakhriyor Juraev (UZB)

3. Catchweight 80kg: Rashed Dawood (UAE) v Khamza Yamadaev (RUS)

4. Lightweight: Ho Taek-oh (KOR) v Ronald Girones (CUB)

5. Lightweight: Arthur Zaynukov (RUS) v Damien Lapilus (FRA)

6. Bantamweight: Vinicius de Oliveira (BRA) v Furkatbek Yokubov (RUS)

7. Featherweight: Movlid Khaybulaev (RUS) v Zaka Fatullazade (AZE)

8. Flyweight: Shannon Ross (TUR) v Donovon Freelow (USA)

9. Lightweight: Mohammad Yahya (UAE) v Dan Collins (GBR)

10. Catchweight 73kg: Islam Mamedov (RUS) v Martun Mezhulmyan (ARM)

11. Bantamweight World title: Jaures Dea (CAM) v Xavier Alaoui (MAR)

12. Flyweight World title: Manon Fiorot (FRA) v Gabriela Campo (ARG)

Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

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GOLF’S RAHMBO

- 5 wins in 22 months as pro
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- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

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Ipaf in numbers

Established: 2008

Prize money:  $50,000 (Dh183,650) for winners and $10,000 for those on the shortlist.

Winning novels: 13

Shortlisted novels: 66

Longlisted novels: 111

Total number of novels submitted: 1,780

Novels translated internationally: 66

Updated: January 15, 2022, 3:19 PM