Tag: India-Mauritius Double Taxation Avoidance Agreement
Posted in Economy
Officials can deny benefits if tax relief found sole motive
New Delhi: India has empowered tax authorities to deny treaty benefits on Mauritius-routed investments where securing tax relief was one of the principal purposes of…
Posted in Economy
India tightens Mauritius tax treaty rules to prevent misuse of tax benefits, effective August 10
The Finance Ministry has notified an amendment to the India-Mauritius Double Taxation Avoidance Agreement (DTAA), introducing a Principal Purpose Test (PPT) effective August 10. The…
Posted in Business
Tiger Global’s $1.6 billion Flipkart exit taxable in India: Supreme Court| Business News
The Supreme Court on Thursday ruled that capital gains arising from American investment firm Tiger Global’s $1.6-billion stake sale in Flipkart to Walmart in 2018…