Tag: Principal Purpose Test
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 Economy
India tightens Sri Lanka tax treaty with anti-abuse rule
New Delhi: India has tightened the tax treaty framework with Sri Lanka by introducing an anti-abuse rule that allows authorities to deny treaty benefits where…