Latest Posts

Finmin officials set to visit Cyprus to negotiate tax agreement

Finmin officials set to visit Cyprus to negotiate tax agreement

June 22, 2014 1:20 am

New Delhi: India and Cyprus have edged closer towards settling a tax dispute that led to Cyprus being blacklisted by New Delhi. The two countries will in the next coming weeks finalize all the changes to their double taxation avoidance (DTAA), with the inclusion of a contentious information disclosure clause in it. The failure of […]

Read more...

First Dubai IPO in five years sees surge of interest as economy boom

First Dubai IPO in five years sees surge of interest as economy boom

June 22, 2014 1:20 am

(Reuters)- The first initial public offer of shares on Dubai’s main stock market for half a decade was subscribed 36 times- a sign of massive interest in equities among retail investors as the emirate’s economy booms. Investors subscribed Dh 10 Billion ($2.7 billion) to the fixed offer of 275 million shares in Marka IPO –MARK […]

Read more...

UK applies pressure to OTs

UK applies pressure to Overseas Territories

June 22, 2014 1:18 am

The UK Prime Minister is adding pressure to the leaders of overseas territories to make public their planned registers of company owners domiciled in their jurisdictions. Even though Mark Simmonds, The FCO’s OT minister said when he visited Cayman at the end of last year that it was a matter for local government to know […]

Read more...

Vine Cable surges on with public register on company ownership

Vine Cable surges on with public register on company ownership

June 22, 2014 1:18 am

Business secretary ignores warnings from CBI and Law Society over plans of tackling ‘darker side of capitalism’ The business secretary, Vince Cable, has claimed to be on the verge of ending “the darker side of capitalism” by announcing he will press ahead with a new register on company ownership for purposes of tracking the ultimate […]

Read more...