(FILES) In this file photo taken on August 17, 2021, security personnel stand guard outside the Afghan embassy in New Delhi. - Afghan embassies around the world that have refused to recognise the new Taliban regime are struggling to stay afloat and facing increasing pressure from Kabul to accept loyalist replacements. (Photo by Prakash SINGH / AFP)
(FILES) In this file photo taken on August 17, 2021, security personnel stand guard outside the Afghan embassy in New Delhi. - Afghan embassies around the world that have refused to recognise the new Taliban regime are struggling to stay afloat and facing increasing pressure from Kabul to accept loyalist replacements. (Photo by Prakash SINGH / AFP)
(FILES) In this file photo taken on August 17, 2021, security personnel stand guard outside the Afghan embassy in New Delhi. - Afghan embassies around the world that have refused to recognise the new Taliban regime are struggling to stay afloat and facing increasing pressure from Kabul to accept loyalist replacements. (Photo by Prakash SINGH / AFP)
(FILES) In this file photo taken on August 17, 2021, security personnel stand guard outside the Afghan embassy in New Delhi. - Afghan embassies around the world that have refused to recognise the new

India restores diplomatic presence in Afghanistan


Taniya Dutta
  • English
  • Arabic

India has reopened its diplomatic mission in Afghanistan after a “technical team” arrived at its embassy in Kabul nearly a year after it was closed following the Taliban's dramatic takeover of the war-torn country.

New Delhi said the team was sent to the Indian embassy to monitor humanitarian assistance.

“For the effective delivery of humanitarian assistance and in continuation of our engagement with the Afghan people, an Indian technical team has reached Kabul today and has been deployed in our Embassy there,” the ministry of external affairs said in a statement on Thursday.

This is India’s first permanent diplomatic presence in Afghanistan since it closed the embassy and flew its ambassador and 120 diplomatic staff out of Kabul in August last year.

An Indian Air Force aircraft with earthquake relief landed in Kabul on Thursday. AP
An Indian Air Force aircraft with earthquake relief landed in Kabul on Thursday. AP

India has historically shunned the Taliban that it claims is backed by its arch-rival Pakistan and instead favoured other groups that came to power after the US-led coalition toppled the Taliban regime in 2001.

New Delhi had bolstered its ties with previous Afghan governments and maintained a large diplomatic presence in the country, with four consulates and the Kabul embassy operating in Afghanistan.

It pumped more than $3 billion in infrastructure development and other programmes in the country following the defeat of Taliban.

After taking control of Afghanistan, Taliban proposed political, trade, economic and cultural ties with India, saying the country was “very important for this subcontinent”.

While India is unlikely to have a full-fledged diplomatic presence in Afghanistan, it said it was making efforts to oversee the delivery operations of humanitarian assistance and engaging with the Taliban.

New Delhi has sent 27 tonnes of emergency relief assistance for the people in Afghanistan after a deadly earthquake jolted the nation, killing at least 1,000 people.

The relief assistance consists of items including family ridge tents, sleeping bags, blankets and sleeping mats.

“The government of India, as a true first responder, has dispatched 27 tonnes of emergency relief assistance in two flights for the people of Afghanistan,” it said in a statement.

“As always, India stands in solidarity with the people of Afghanistan, with whom we share centuries old ties, and remains firmly committed to provide immediate relief assistance for the Afghan people,” it added.

UAE currency: the story behind the money in your pockets
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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Sand storm

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  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Herc's Adventures

Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5

Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

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Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

War and the virus
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THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

Tamkeen's offering
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  • Option 2: 50% across three years
  • Option 3: 30% across five years 
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Low turnout
Two months before the first round on April 10, the appetite of voters for the election is low.

Mathieu Gallard, account manager with Ipsos, which conducted the most recent poll, said current forecasts suggested only two-thirds were "very likely" to vote in the first round, compared with a 78 per cent turnout in the 2017 presidential elections.

"It depends on how interesting the campaign is on their main concerns," he told The National. "Just now, it's hard to say who, between Macron and the candidates of the right, would be most affected by a low turnout."

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Director: Jesse Armstrong

Rating: 3.5/5

Specs

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Power: 905hp

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Updated: June 24, 2022, 6:01 PM