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When does liaison office attract I-T in India?02-NOV-09
Foreign companies planning to do business in India often set up a liaison office for undertaking promotional work as a prelude to their actual commercial activities. It is generally believed that a liaison office does not affect the taxability of the parent company in India because commercial activities are not permitted from such offices. But if the liaison office results in the creation of a “permanent establishment” in India, the foreign company may become liable to tax in India.
Need to protect Indians in UAE from visa-related probs29-OCT-09
India and the United Arab Emirates (UAE) need to ensure protection of Indian working-class people in the Gulf country who face problems when their visas are not renewed, a top Central Government Minister said.
Jet Airways suspends all its flights between UAE and India09-SEP-09
Jet Airways has suspended all its flights between the UAE and India after almost half of its pilots did not report for duties protesting against sacking of two of their colleagues.
Remittances from UAE to India to grow in coming months01-SEP-09
Remittances to India by expatriates living in the United Arab Emirates could rise in the days ahead in view of the coming festive season and the fear that the rupee would weaken further against the US dollar, media reports here said.
TechM bags Etisalat contract23-AUG-09
Gets a portion of Rs 1,500-crore IT outsourcing deal from the UAE firm.
BoB to boost investment flow between India and UAE16-AUG-09
Bank of Baroda (BoB) has launched an initiative to facilitate two-way flow of investments between India and the UAE, a senior bank official has said.
Wipro sheds marginally despite new order hopes12-AUG-09
Wipro finally shed marginally to close at Rs 506. The stock touched an intra-day low of Rs 487 and a high of Rs 509. The counter clocked a volume of 197,129 shares as against two-week average trades of 282,838 shares.
UAE still favoured destination for Indian workers27-JUL-09
Despite the impact of the global economic crisis, the UAE continues to be a favoured destination for Indian workers among the Gulf nations which has about 1.5 million population from the country.
About 1.5 lakh Indian returns from UAE due to eco slowdown09-JUL-09
An estimated 1.5 lakh Indian workers have come back home from the United Arab Emirates (UAE) owing to the economic crisis and recession, the Lok Sabha was told on Wednesday. Replying to a question, Overseas Indian Affairs Minister Vayalar Ravi informed the House that an estimated 50,000 to 1,50,000 workers have returned to India as result of the delay in execution of projects due to economic slowdown and recession in the UAE.
About 1.5 lakh Indian returns from UAE due to eco slowdown08-JUL-09
An estimated 1.5 lakh Indian workers have come back home from the United Arab Emirates due to economic crisis and recession, the Lok Sabha was told today.
UN relief chief seeks more aid for Pak refugees08-JUL-09
The United Nations top humanitarian relief official has sought more international aid for the internationally displaced persons (IDPs) in Pakistan resulting from military operations against the Taliban in the Swat Valley and adjoining areas of the country.
Gulf countries sign power exchange pact08-JUL-09
Gulf Cooperation Council (GCC) today signed a power exchange agreement towards "regulating relationship" between its member countries, as part of an electricity linkage project.
Redundancy cover for hesitant car buyers in UAE04-JUL-09
A leading automobile distributor in the UAE is offering a free redundancy cover to its customers in an effort to maintain sales in the face of uncertainty in the job market following the global financial crisis.
Infocomm and ARABCAL sign MoU02-JUL-09
Smart Infocomm and ARABCAL have signed an MoU as a major strategic initiative to enter into the UAE and rest of Middle East market and for promotion of their products in IT and Communication segment with the brand name 'SMART'.
UAE retail rents dip in a decade01-JUL-09
Retail rents in Dubai and Abu Dhabi dropped for the first time in a decade in the first quarter of this financial year, a report has revealed.
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