Sun, Jun 02, 2024
According to experts, after the India-Mauritius tax treaty amendment, Singapore has emerged as the preferred jurisdiction for investment in India. Rumki Majumdar, Economist, Deloitte India, said that as one of the world's prominent financial hubs, Singapore attracts global investors who want to invest in Asia.
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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
In order to curb black money being routed by companies through their investments, the Government of India amended its tax treaties with several countries in 2016.
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