Vivek Shah (CA, LLB)

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Vivek Shah (CA, LLB)

Vivek Shah (CA, LLB)

@cavivekshah

Crypto Tax & Legal || Forensic Audit || UAE Business Setup || International Tax || RT≠endorsement

Dubai, UAE شامل ہوئے Eylül 2009
546 فالونگ536 فالوورز
پن کیا گیا ٹویٹ
Vivek Shah (CA, LLB)
Vivek Shah (CA, LLB)@cavivekshah·
Today, I was invited by BCAS - Bombay Chartered Accountants' Society to address its members on the Starting a CA Firm in UAE. Here are the top 5 points every Chartered Accountant should evaluate before entering the UAE market:​ A Thread🧵👇
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Vivek Shah (CA, LLB)
Vivek Shah (CA, LLB)@cavivekshah·
Institutional Certainty: VARA Unveils Virtual Asset Derivatives Framework Dubai’s Virtual Assets Regulatory Authority (VARA) has reached a significant milestone with the release of its updated Exchange Services Rulebook. For the first time, the UAE has a dedicated regulatory framework for Exchange-Traded Derivatives (ETDs) linked to virtual assets. Key highlights for tax and legal professionals: - Institutional Focus: The framework provides a clear legal structure for futures, options, and other ETDs, bridging the gap for institutional capital. - Suitability Requirements: Strict assessment protocols are now mandatory to ensure client suitability before participating in derivatives markets. - Leverage Caps: To mitigate systemic risk, specific leverage limits have been introduced, particularly for non-institutional participants. - Regulatory Alignment: This update harmonizes with broader UAE federal goals, offering a transparent pathway for licensed virtual asset service providers (VASPs). As the UAE continues to lead in digital asset oversight, clarity remains the new currency. This is a massive step for market maturity. #Dubai #VARA #UAE #Crypto #Web3
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Subramoney.com
Subramoney.com@pvsubramanyam·
How did I learn Gujarati? By staying in Ghatkopar with Gujarati people and speaking to them in their Hindi.
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Vivek Shah (CA, LLB)
Vivek Shah (CA, LLB)@cavivekshah·
@ANI This is the situation of a politician who wants to file a police complaint. Image what would happen to a common citizen.
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ANI
ANI@ANI·
#WATCH | Mumbai | BJP leader Kirit Somaiya says, “I have come to the police station to register a complaint against municipal officials involved in a scam related to the issuance of birth certificates to 87,347 ineligible Bangladeshi infiltrators. However, the senior police officer who will be registering the case is not here… I am waiting for him. I will register the complaint once he is back… I am worried about the people of Mumbai…”
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Velina Tchakarova
Velina Tchakarova@vtchakarova·
China’s Commerce Ministry said it issued an injunction blocking U.S. sanctions on five Chinese refiners accused of buying Iranian oil, and stated that the U.S. measures “shall not be recognized, implemented, or complied with.” This is a sharper step than informal sanction workarounds because it signals official Chinese state backing for continued commercial dealings tied to Iranian crude.
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Peter H. Diamandis, MD
Peter H. Diamandis, MD@PeterDiamandis·
For those worried about any coding language... Your 10 years mastering Python is about to become a commodity. But your ability to think, lead, and create is not.
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Vivek Shah (CA, LLB) ری ٹویٹ کیا
Naval
Naval@naval·
AIs replace UIs and APIs.
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Vivek Shah (CA, LLB)
Vivek Shah (CA, LLB)@cavivekshah·
Brazil's Central Bank has banned crypto use in regulated cross-border payments under Resolution No. 561. This is a major shift for international transfer structures and a reminder that payment rails must align with local FX rules. Not financial advice. #Brazil #CryptoReg #Tax
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Dubai Media Office
Dubai Media Office@DXBMediaOffice·
Hamdan bin Mohammed celebrates the Flame Tree as a symbol of Dubai, and directs the expansion of planting it across streets, homes, and public parks in Dubai.
Dubai Media Office tweet mediaDubai Media Office tweet mediaDubai Media Office tweet mediaDubai Media Office tweet media
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Mohandas Pai
Mohandas Pai@TVMohandasPai·
Madame @nsitharaman this needs investigation. How can temple land be mortgaged by a private firm? @FinMinIndia @AmitShah
Saba kaul.🇮🇳@sabakaul1

BIG BREAKING: Durga Naag Temple Temple Land Under Mortgage , PNB Bank recovery , A liquidator has been appointed to recover dues Srinagar | Kashmir In a shocking revelation, prime land belonging to the Durga Naag Temple Trust, Sonwar, Dalgate (Srinagar) has allegedly been entangled in a controversial financial and corporate web involving private firms, bank loans, and insolvency proceedings. The Land in Question The disputed property includes high-value land parcels located adjacent to Burn Hall School, comprising: • Survey No. 394/204/13 – 8 Kanals 07 Marlas • Survey No. 396/15 – 2 Kanals 12 Marlas • Survey No. 398/16 – 7 Marlas • Aggregated land under Khewat No. 544/54 & Khata No. 182/207 – 5 Kanals 08 Marlas Ownership: Durga Naag Temple Trust, sonwar , srinagar Original Lease Holder: Ansari Motors (Partnership Entity) The Explosive Allegation Sources reveal that: • The leasehold rights of temple land were allegedly mortgaged to Punjab National Bank (PNB) • A loan was extended to Ansari Motors & Highland Automobiles Private Limited against this temple-linked property • Ansari Motors reportedly transferred/sold its business interest, raising questions about the legality of such transactions involving religious trust land ₹30 CRORE DEFAULT & NCLT ACTION • The company is reported to have defaulted on dues of approximately ₹30 crore to PNB Srinagar • The matter has now escalated to insolvency proceedings before the National Company Law Tribunal (NCLT), Chandigarh Bench • A liquidator (Arvind Kumar) has been appointed to recover dues Company Details Under Scanner Highland Automobiles Private Limited • Directors: Abhishek Jain, Reema Jain • Past Associations( Ansari Motors ) : Kamal Hussain Ansari, Amjad Ansari • Registered Office: Ansari Complex, Sonwar, Srinagar how can he rename durga nnag temple as ansari complex Serious Questions Arise • How was temple trust land used as collateral for a commercial loan? • Were legal permissions obtained from competent authorities governing religious trust properties? • Why has the current management of the Temple Trust remained silent?

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Vivek Shah (CA, LLB)
Vivek Shah (CA, LLB)@cavivekshah·
@raoamitkumar_ @airindia As an airline passenger on an Indian carrier, there are no consumer rights available. The fact that you booked @airindia means you had already given up your rights. 1. Airline doesn’t care. 2. There is no authority which you get you compensated.
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Amit.
Amit.@raoamitkumar_·
Here is how pathetic @airindia is 👇 They finally moved us to a flight on 2nd May instead of 3rd May. But here is the catch: 1) It is a connecting flight via BOM. We paid for a direct flight. 2) The original flight was cancelled after web check in, so we had already paid for seats of our choice. Yet we were made to pay again for seats. How is this allowed? @RamMNK @MoCA_GoI Where does this extra money go? 3) We had to book a hotel for an extra day, paying a premium for a last minute booking. Why am I being punished for Air India's fault.
Amit.@raoamitkumar_

How is this acceptable, @airindia ? Two of us booked a direct flight from Delhi to Singapore scheduled for 3rd May at 00:40 AM. The tickets were booked nearly two months in advance. Today, immediately after completing web check-in, we received a message stating that the flight has been rescheduled to 4th May and is no longer a direct flight. When we contacted customer support, we were given only two options: either travel on 4th May (arriving at 18:30) or cancel and book afresh. If we travel on 4th May, we will miss our important bookings. If we cancel and book afresh, we will have to pay nearly four times the original fare. What makes this even more frustrating is that we can still see the same flight, along with other options around the same time, available on @makemytrip. However, we were told these cannot be offered to us because they fall under premium economy. This leaves us in an extremely difficult position. We have a clear requirement to reach Singapore on 3rd May – how exactly are we supposed to manage under these circumstances? @RamMNK

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Nikita Bier
Nikita Bier@nikitabier·
Would it valuable to know how many of your followers have been active on X in the last 24 hours?
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Mario Nawfal
Mario Nawfal@MarioNawfal·
🇷🇺 Reporter to former Russian President Medvedev: "It’s actually quite amusing to watch how relations between the U.S. and Europe are developing.” If Europe and Russia align their goals against the U.S.? Now that's scary. If Russia and the U.S. align their goals against Europe? Well... then is game over." Source: APT
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Backpacking Daku
Backpacking Daku@outofofficedaku·
There's a company which has made a link for all Schengen countries, where you can add your file number and DOB and track your application. It also tells you'll get to know your status of the application with regards to Approved, Rejected, In Process etc. They have added an additional layer in between the details submitted and the result shown. Your email id and phone number. And an OTP to authorize/login. This is basically data collection for the information they provide. OTP vetted data is very precious. The site shows the same status as the VFS Site would. You cannot know if the visa is approved or rejected until you get the passports back so don't fall for the same. Savdhan Rahe Satark Rahe #janhitmeinjaari
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Niks
Niks@Pivot2Centre·
If I want to retire in India and want this, where should I end up? 1. Coastal city because pollution will be low 2. No danger of language warriors - I don’t intend to get into anyone’s way 3. Decent infra 4. At least 2 good hospital within 20-30kms 5. Airport within 2-3hr drive; railways station a major plus I can think of these: 1. Vizag 2. North Goa (Ponda, Mapusa) 3. Bhubaneswar (not coastal but you get the drift) 4. Udupi 5. Mangalore What else?
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Vivek Shah (CA, LLB)
Vivek Shah (CA, LLB)@cavivekshah·
India's Asset Tokenisation (Regulation) Bill, 2026 proposes legal recognition for tokenised Real World Assets (RWA) like land & properties. It covers issuance, trading, custody & settlement. A regulation is the first step toward institutional adoption. #RWA #DigitalAssets
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Mountain Rats
Mountain Rats@mountain_rats·
Dubai has removed the minimum property value for its two-year residency visa for individual buyers. This move aims to boost realty demand. For jointly owned properties, the minimum stake per investor is now AED 400,000. This change is expected to attract mid-tier professionals. The decision follows a significant slump in real estate sales volumes in Dubai.
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