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Mauritius

Mauritius to kick off legislative election on November 10

Mauritius to kick off legislative election on November 10

Sat, Oct 05, 2024

Mauritius will hold its legislative election on November 10, the Office of the President announced.

Hindenburg Report: Mauritius regulator says fund at heart of allegations against Sebi chief not domiciled in country

Hindenburg Report: Mauritius regulator says fund at heart of allegations against Sebi chief not domiciled in country

Tue, Aug 13, 2024

FSC said it has taken cognizance of the contents of the report published by Hindenburg Research on August 10, 2024, wherein mention has been made of 'Mauritius-based shell entities' and Mauritius as a 'tax haven'.

India 360: Why The Internet Sniffing Scandal In Mauritius Should Be Bigger News In India? Watch This Special Report

India 360: Why The Internet Sniffing Scandal In Mauritius Should Be Bigger News In India? Watch This Special Report

Thu, Jul 28, 2022

It is alleged that Mauritius PM Pravind Jugnauth allowed Indian tech team to install equipment for intercepting internet traffic. Jugnauth admitted that he personally approached PM Narendra Modi requesting him to send a competent team for this survey. India has supported the statement of PM Jugnauth. Chinese company Huawei proposed the Mauritian Safe City Project. China began to firmly integrate itself into Mauritius's internet infrastructure in 2015. Under the project 4000 thousand CCTVs were installed all over the country. According to experts, China can be a lift in the game of spying in Mauritius.

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VIDEO : Lets take a Walk with Lions in Mauritius

VIDEO : Lets take a Walk with Lions in Mauritius

Sat, Feb 29, 2020

If you get bored of the sand, the sea and the sun in Mauritius then take a break and go for a walk with the Lions at Casela Nature Parks. In this video, watch how tourists can spend time with the King of the Jungle.

ED probes shell companies linked to Nirav, Choksi

ED probes shell companies linked to Nirav, Choksi

Thu, Feb 22, 2018

The Enforcement Directorate (ED) is probing 120 shell companies allegedly linked to Nirav Modi and Mehul Choksi even as Income Tax officials claimed to have found two companies linked to Nirav that received Rs 555 crore from foreign companies between 2013 and 2014.

Mauritius largest source of FDI in India, says RBI

Mauritius largest source of FDI in India, says RBI

Fri, Jan 19, 2018

Singapore and Japan were the next two sources of foreign direct investment (FDI), said the Census on Foreign Liabilities and Assets of Indian Direct Investment Companies 2016-17, released by RBI.

Qatar Diplomatic Crisis: Will it affect India's energy needs?

Qatar Diplomatic Crisis: Will it affect India's energy needs?

Wed, Jun 07, 2017

About nine countries from Middle East have severed their ties with Qatar for its alleged support to terrorism and following the diplomatic crisis in the country which is the world's largest Liquefied Natural Gas (LNG) exporter, it is going to hurt its business ties with the rest of world including India.

India extends $500-million credit line to Mauritius

India extends $500-million credit line to Mauritius

Sat, May 27, 2017

The Indian government has signed four agreements with Mauritius whereby it signed line of credit agreement of $500 million which included maritime security, setting up civil services college in Mauritius, among others.

India notifies amended tax treaty with Singapore; to impose capital gains tax at source of investments from April 1

India notifies amended tax treaty with Singapore; to impose capital gains tax at source of investments from April 1

Thu, Mar 23, 2017

The Finance Ministry on Thursday has notified the amended India-Singapore tax treaty under which capital gains tax will be levied at source of investments with effect from April 1.

Amazon plans to open first physical food-only outlets in India; to sell local products on offline & online platforms

Thu, Feb 16, 2017

Amazon is planning to open first physical food-only oultets in India to sell locally produced food items on offline as well as online platforms.

Tax treaties India signed in 2016 to curb black money

Tax treaties India signed in 2016 to curb black money

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.

India-Singapore Tax Treaty: 'Reasonable burial' to black money route, says FM Arun Jaitley

India-Singapore Tax Treaty: 'Reasonable burial' to black money route, says FM Arun Jaitley

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.

Govt expects high FDI inflow momentum to continue in 2017

Govt expects high FDI inflow momentum to continue in 2017

Fri, Dec 16, 2016

Pinning hopes on a slew of foreign direct investment (FDI) reforms unveiled by the government in 2016, the government expects that the momentum of high FDI inflows will continue in the new year. FDI inflows in January-September jumped 21% to $32.18 billion.

CBDT notifies protocol for amendment of trade between India, Mauritius

CBDT notifies protocol for amendment of trade between India, Mauritius

Mon, Aug 29, 2016

The Protocol for amendment of the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains between India and Mauritius was signed by both countries on May 10, 2016.

Cabinet approves signing of Double Taxation agreement with Cyprus

Cabinet approves signing of Double Taxation agreement with Cyprus

Wed, Aug 24, 2016

India, today took another major step in the fight against tax evasion, "round tripping" and "base erosion/profit shifting".

Export of defence equipment nearly Rs 3,000 crore over last 3 years

Export of defence equipment nearly Rs 3,000 crore over last 3 years

Fri, Jul 22, 2016

In the current year 2016-17 the highest exports of defence equipment is to Sri Lanka, closely followed by Mauritius.

Maidens’ voyage aboard the Mhadei make it home

Maidens’ voyage aboard the Mhadei make it home

Fri, Jul 15, 2016

India’s first all-women crew ocean voyage with six women officers from the Navy returned to Goa on Thursday after a successful voyage to Mauritius.

What does India's DTAA treaty with Cyprus mean

What does India's DTAA treaty with Cyprus mean

Fri, Jul 01, 2016

Negotiations between India and Cyprus on Double Taxation Avoidance Agreement (DTAA) saw its closure on Wednesday, which if approved by the cabinet, will bring tax benefits on capital gains from Foreign Direct Investments (FDIs).

5 key things to know about India-Cyprus double-taxation treaty

5 key things to know about India-Cyprus double-taxation treaty

Fri, Jul 01, 2016

The treaty will all allow Indian authorities to tax capital gains on investments routed through Cyprus.

Indian Navy’s first all-women crew sails into Port Louis, Mauritius

Indian Navy’s first all-women crew sails into Port Louis, Mauritius

Tue, Jun 14, 2016

Indian Naval Sailing Vessel Mhadei (INSV Mhadei) sailed into Port Louis, Mauritius on Tuesday afternoon with the first all-women crew. Mhadei had set sail from Goa for its voyage on 24 May 16 and reached two days later than expected.

Goa-Mauritius journey aboard the Mhadei; 5 pics of Indian Navy all-women crew

Goa-Mauritius journey aboard the Mhadei; 5 pics of Indian Navy all-women crew

Tue, Jun 14, 2016

Indian Navy’s sail Boat INSV Mhadei set sail from Goa on May 24 and reached Port Louis, Mauritius on Tuesday afternoon. The all-women crew braved the journey as they gear up for their voyage which will circumnavigate the globe in 2017.

Tax treaty with Singapore is being amended, says Arun Jaitley

Tax treaty with Singapore is being amended, says Arun Jaitley

Mon, May 16, 2016

Jaitley said, "The negotiation for revising tax treaty with Singapore is going on. I cannot give a time frame for when it will be completed."

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