nishit

Tax specialist and equity market enthusiast

[Nexdigm @Nexdigm_]

𝗧𝗵𝗲 𝗲𝗾𝘂𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗻𝗼𝘄 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲. 🧩

Nexdigm × infer360 🤝

Redefining Transfer Pricing through a strategic alliance built on expertise, intelligence and innovation.

#TransferPricing #AI #CFO #Innovation #StrategicAlliance #BuildToDefend

[nishit @nishit2112]

@varinder_bansal Good time for a webinar like you did during Covid to identify good companies. Optimist have a better chance of making money 💰

[Khaleej Times @khaleejtimes]

#BreakingNews UAE petrol, diesel prices for April 2026 announced
https://t.co/Kb2ZJUUr08

[Varinder Bansal 🇮🇳 @vbomkara]

I’m currently in Dubai, and here’s what I’m seeing on the ground.

I flew from Mumbai via Emirates, and to my surprise, the flight was completely full. Some people argue that this could be due to fewer flights operating, but the reality is clear—people are still traveling to Dubai. It’s far from empty, contrary to what many social media narratives suggest.

The contrast becomes visible after landing. The city definitely feels lighter—traffic is down significantly, and tourist presence is visibly lower. I would estimate traffic levels to be down by ~50%.

Over the past two days, I’ve been out extensively—malls, restaurants, and meeting friends. Life, quite simply, is normal. We’ve been stepping out late in the evenings, and there is no visible fear among residents. People are going about their routines without hesitation.

I visited Mall of the Emirates on Saturday evening, and it was bustling. Not overcrowded like peak tourist season, but certainly not a “ghost town” as often portrayed. Shops were active, some restaurants were full, and people were out enjoying themselves. Yes, expensive brands had less number of shoppers. But, daily coffee shops, Carrefour, Spinney's were super active. Yes, there are fewer people, and shorter wait times—but nothing close to the panic narrative circulating online.

Areas closer to the airport, like Mirdif, have experienced more disruption. Residents there reported frequent drone sightings in the initial days, which understandably caused concern. However, even that seems to have normalized over time. In other areas—Downtown Dubai, Sheikh Zayed Road—the impact appears minimal. Occasional sirens or alerts do come through on phones as precautionary measures, but normalcy resumes within minutes.

I also checked in on the real estate situation. At the higher end—villas above AED 20 million—there are signs of correction, roughly in the 10–20% range. But, deals are not getting closed in this segment as well. However, the mid-market segment (AED 2–5 million) remains relatively stable. Buyers are cautious, but sellers are equally unwilling to cut prices aggressively. It’s a classic wait-and-watch phase. So if someone claims Dubai real estate has crashed 50–60%, I’d say—take that deal immediately.

General belief is that tourism will take time to recover, and those dependent on commissions—especially in sectors like real estate—will feel the pressure. Construction activity has almost come to a stand still. Smaller firms with stretched balance sheets and high leverage may struggle. In contrast, larger players with strong financial positions are likely to consolidate further and emerge stronger.

Yes, Dubai feels different today—less crowded, less chaotic, and quieter due to fewer tourists. But it is far from being a ghost town. The city is functioning, people are working, and daily life continues.

The overall sentiment is simple: cautious, but calm. No panic. Just a collective hope that the situation stabilizes soon.

@DXBMediaOffice @DXB

[nishit @nishit2112]

@oOnlineChatuk Hello waiting to hear from your agent

[nishit @nishit2112]

@EmiratesSupport Awaiting for someone to contact me

[nishit @nishit2112]

@EmiratesSupport How to DM you..need support for one of my bookings

[nishit @nishit2112]

@mufaddal_vohra Why was there a upper berth in a 5 am train

[nishit @nishit2112]

@Iamsamirarora @malpani Video from lock down

[nishit @nishit2112]

@share_market Please go through oman

[nishit @nishit2112]

@StocksResearch Not even 22000...they are around 17000 levels ;)

[Nexdigm @Nexdigm_]

With the UAE’s Corporate Tax now in effect, understanding its impact on Foundations is essential. Leevyn Isabel from @ocorian and Nishit Parikh from Nexdigm will cover this in a live webinar. Register here: https://t.co/CnL0F8finI
#CorporateTax #UAEFoundations #Compliance

[Nexdigm @Nexdigm_]

The transfer pricing rules in #UAE are evolving! The adoption of the Arm’s Length Principle (ALP) and the new APA #framework bring more clarity and compliance for #Businesses . Stay ahead with key insights on these critical updates.
Read more: https://t.co/1VrYKtKUHi
#Tax

[nishit @nishit2112]

New Tax Bill to be introduced next week #budget2025

[Harsh Goenka @hvgoenka]

Some great Japanese inspired rules about life

[nishit @nishit2112]

@MyIndusIndBank @ComIndusind It's not bms problem. Your quota runs out in 1 second that's the problem

[nishit @nishit2112]

Clear misselling by @ComIndusind . Limits get reset at 7 pm and you can't even book. @MyIndusIndBank

[nishit @nishit2112]

@rmsmodi Not sure why you are not in the list of richest person in India

[nishit @nishit2112]

@kunal_gupta01 Can industry start something called a joining fee. Refundable with interest of 15% on joining.

[nishit @nishit2112]

@MyIndusIndBank @ComIndusind Please see the screenshot and time. 7 pm quota gets over at 7 itself

[nishit @nishit2112]

@LuckyInvest_ARK @sahilbhadviya 12 wala 18 Mai bik gaya ab wapas 12 Mai chaiyee ;)