Mon, Sep 23, 2024
Travellers can book tickets for the new flights via IndiGo's official website or mobile app. The airline continues to expand its international connectivity, providing affordable, reliable, and on-time service to destinations around the world.
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Tue, Jul 16, 2024
EAM Jaishankar is on a two-day official visit to Mauritius. He made the remarks at the inauguration of projects and the exchange of a Memorandum of Understanding (MoU) between India and Mauritius in Port Louis, in the presence of Mauritius Prime Minister Pravind Jugnauth.
The visit to the Indian Ocean island nation marks one of the first bilateral engagements undertaken by Jaishankar following his re-appointment in the third term of Prime Minister Narendra Modi led government.
Fri, Apr 12, 2024
There were concerns that foreign portfolio investments coming via Mauritius would face increased scrutiny by tax authorities. Also, there were apprehensions that past investments could be covered by the amended protocol.
Thu, Apr 11, 2024
Historically, Mauritius has been a preferred jurisdiction for engaging in investments in India due to the non-taxability of capital gains from the sale of shares in Indian companies until 2016.
Sat, Dec 31, 2016
India will start imposing capital gains tax on investments coming from Singapore from April and fully withdraw exemptions in two years as the two countries agreed to amend a decade-old treaty after New Delhi rolled back similar concessions to Mauritius and Cyprus earlier this year.
Wed, May 11, 2016
Mauritius and Singapore contributed $17 billion out of total FDI of $29.4 billion in April-December 2015.
The broader NSE Nifty closed 0.49% lower at 7,848.85.
India signed this Double Taxation Avoidance treaty with Mauritius in 1983 and hasn’t taxed capital gains since then.
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