GT: Parking in the UAE is regulated as it is necessary that motorists follow the appropriate rules so that everyone gets to benefit from the service.

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Haphazard or illegal parking by one motorist can cost another a spot to ease their car into. Illegal parking could also obstruct the movement of vehicles and pedestrians, and even access to fire hydrants.

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Federal traffic laws list out several parking or stopping-related offences and fines. Additionally, some of the more serious ones specify black points on the driving licence as an additional penalty.

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• Improper parking: Dh500 fine
• Parking behind vehicles and blocking their movement: Dh500 fine
• Parking without securing the vehicle: Dh500 fine
• Parking vehicles on pavements: Dh400 fine
• Stopping a vehicle in a way that blocks pedestrians’ movement: Dh400 fine
• Parking in front of fire hydrants: Dh1,000 fine, 6 black points
• Parking in spaces allocated for people with special needs: Dh1,000 fine, 6 black points
• Stopping in the middle of the road without a reason: Dh1,000 fine, 6 black points
• Stopping in the yellow box junction: Dh500 fine
• Stopping the vehicle in prohibited areas on the left road shoulder on public roads: Dh1,000 fine

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DUBAI – Indian expatriates in the UAE with income or investments in India will soon face a new set of tax regulations following the passage of the Income Tax (No. 2) Bill, 2025, in the Lok Sabha on August 11.

This bill replaces the 63-year-old Income Tax Act of 1961 and aims to modernize the tax framework with updated slabs, compliance relief, and provisions specifically tailored for non-resident Indians (NRIs).

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Effective from April 1, 2026, the new law introduces several notable changes for UAE-based NRIs, including revised tax slabs and clarity on offshore investments.

Dixit Jain, Managing Director at The Tax Experts DMCC in Dubai, emphasized that the bill offers significant relaxations and clarifications that will simplify tax calculations and compliance.

Key Changes for UAE NRIs:

1. New Tax Slabs: Income up to ₹4,00,000 will be tax-free, while income from ₹4,00,001 to ₹8,00,000 will be taxed at 5%. Higher income brackets will face rates of up to 30%, applicable primarily to rental income and business profits from India.
2. Offshore Investment Relief: The bill ensures that investment funds managed by Indian fund managers outside India will not be taxed in India, addressing a key concern for NRIs.
3. Capital Gains Retention: NRIs will continue to benefit from concessional tax rates on capital gains from foreign exchange assets, including shares and bank deposits.
4. Clarification on Offshore Derivatives: Income from certain offshore instruments will remain outside India’s tax scope, providing NRIs with greater certainty in their investments.
5. Property Income Deductions: Municipal taxes can now be deducted before applying the standard deduction on rental income, potentially reducing taxable income for NRIs with properties in India.
6. Pension Income Exemption: Full tax exemption on commuted pensions from approved funds is now available, regardless of the taxpayer’s employment history in India.
7. Simplified Compliance: NRIs with only investment income or long-term capital gains may be exempt from filing returns if tax has been deducted at source.
8. Refunds and NIL-TDS Certificates: Filing is mandatory for claiming refunds, and NRIs can obtain NIL-TDS certificates to avoid unnecessary withholding on their income.
9. Transition Period: The 2025-26 financial year will serve as a transition period for planning under the new law.

The Income Tax Bill, 2025, while not radically altering existing tax structures, offers increased clarity and eases compliance for NRIs.

Early preparation before the April 2026 deadline will help expatriates optimize their tax strategies and avoid unnecessary complications.

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DUBAI – Major money transfer companies are gearing up to enhance cross-border payment efficiency, promising that remittances could soon arrive within minutes rather than days.

This shift is driven by advancements in technology, including stablecoins and blockchain, which aim to make money transfers faster, cheaper, and more streamlined.

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Western Union, a leader in the remittance industry, is considering launching its own dollar-backed stablecoin.

CEO Devin McGranahan indicated that this digital currency could revolutionize how funds are sent and received, particularly in markets where regulations permit. The stablecoin would serve as a stable digital dollar alternative, helping users avoid local currency inflation.

Currently, Western Union’s traditional model relies on a network of banks and intermediaries, often resulting in delays of two to three days for money to reach its destination.

By adopting a stablecoin, the company could facilitate peer-to-peer transactions on blockchain, significantly reducing the number of intermediaries involved and lowering transaction fees.

This move comes as the UAE solidifies its role as a hub for regulated digital assets. Earlier this year, Abu Dhabi entities announced a dirham-backed stablecoin to facilitate domestic and international payments, a development that could enhance remittance efficiency for the large number of workers sending money home from the UAE.

The competitive landscape is heating up, with companies like PayPal and MoneyGram also exploring stablecoin solutions.

As these innovations gain traction, they promise to reshape the remittance industry, setting new standards for speed, cost, and accessibility in global money transfers.

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DUBAI – The Roads and Transport Authority (RTA) of Dubai is leading the way in road maintenance with its innovative smart vehicles, equipped with advanced laser and infrared technologies.

These vehicles utilize artificial intelligence (AI) to ensure some of the best road conditions globally.

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Recently, the RTA showcased a road rehabilitation project along a 14-km stretch of Emirates Road, allowing media representatives to experience the capabilities of two specialized smart vehicles.

One vehicle identifies 14 types of road defects, while the other measures the International Roughness Index (IRI), crucial for assessing road smoothness.

Abdullah Lootah, Director of Road and Facilities Maintenance at the Traffic and Roads Agency, emphasized the importance of these innovations in providing a seamless driving experience.

Currently, Dubai boasts a Pavement Quality Index of 95% and a rideability score of 97%, ranking it first worldwide for road smoothness.

The Laser Crack Measurement System (LCMS-2) can detect various asphalt defects with approximately 97% accuracy, significantly improving efficiency compared to traditional inspections. Additionally, the IRI vehicle offers data on pavement ride quality.

Since the introduction of LCMS-3 in 2023, AI integration has optimized maintenance budgeting, allowing for prioritized repairs based on defect severity. Inspections occur biannually to ensure timely maintenance across Dubai’s extensive road network.

RTA’s smart vehicles also utilize infrared and laser detection to provide real-time data to the Pavement Management System (PMS), which autonomously prioritizes maintenance activities.

In April, RTA announced plans to implement Light Detection and Ranging (LiDAR) technology to assess both pavement conditions and road infrastructure elements.

With 12 specialized vehicles currently in operation, RTA continues to embrace technology to enhance road safety and efficiency in Dubai.

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