The Hindustan Press

The UAE Ministry of Finance’s new rule enables depreciation of fair-valued investment properties, offering firms fresh tax planning flexibility/Representative Image TL;DR: Finance Ministry’s Ministerial Decision No. 173/2025 allows firms to deduct depreciation on investment properties measured at fair value, if they choose the realisation basis, effective from tax periods starting January 1, 2025. Companies can…

US President Donald Trump said that he has received a “very good response” to his plan to end the war in Gaza and expressed optimism that Israeli prime minister Benjamin Netanyahu will support it when they meet on Monday, as cited by Reuters.“We’re getting a very good response because Bibi wants to make the deal…

Iran’s president, Masoud Pezeshkian, said on Saturday that his country is facing a “full-fledged war” waged by Israel, the United States, and Europe. “In my opinion, we are in a full-fledged war with America, Israel and Europe. They do not want our country to stand on its feet,” Pezeshkian said in an interview with the…

China is currently undertaking a massive infrastructural project, which involves the construction of an 83-mile (approximately 134-kilometre) canal that will enable the direct connection of the interior of the country to the sea. This massive infrastructural project, which has been likened to the Pinglu Canal, is part of the long-term strategy of the Chinese government…