Two Mauritius FPIs move SAT to seek relief from liquidating Indian portfolioBoth these funds were linked to the Adani Group in the January 2023 Hindenburg report. These funds have sought time till March 31, 2025, to...
07 Sep, 2024, 08.09 AM IST
Mauritius issue begins to haunt foreign investors as FPIs pull out nearly $1 billion from Indian stocksIndia and Mauritius have agreed to a protocol to alter a double taxation avoidance agreement (DTAA) stating that tax relief cannot be for t...
12 Apr, 2024, 09.40 PM IST
Amended India-Mauritius tax treaty will not be applied retrospectively: ReportThe new provisions in the treaty include a principle purpose test, which will be used to judge whether tax benefits under the treaty will a...
12 Apr, 2024, 04.59 PM IST
Should investors worry about India-Mauritius tax treaty amendments? Punit Shah answersThere is another provision like principal purpose test or MLI which further requires that the FPIs or any other investors which are based i...
12 Apr, 2024, 02.05 PM IST
Taxman puts some FPI assessments on hold for more informationThe Income Tax (I-T) department has deferred issuing final assessment orders on several foreign portfolio investors (FPIs) for the financia...
02 Apr, 2024, 12.28 AM IST
FPI investment through Mauritius picks up pace after 6 yearsFPIs have invested close to $10 billion (Rs 74,260 crore) between September and November, a rare instance. Over the past 15 years, FPIs hav...
08 Dec, 2020, 04.48 PM IST
Mauritius on FAFT 'grey list': Why is there panic among FIIs and on Dalal Street?What is FATF, how does it work and what is the effect of its grey-listing Mauritius?
25 Feb, 2020, 03.11 PM IST
Mauritius in FATF 'grey list'; worried banks, fund advisors knock SEBI's doorsSources said Mauritius is tapping diplomatic channels to preserve its position as a tax haven.
25 Feb, 2020, 08.58 AM IST
FPIs looking to move shops to Singapore to escape high taxes after budget proposalFPIs plan to restructure their pooling vehicles and registering new entities in Singapore to hold Indian stocks.
14 Feb, 2020, 05.52 PM IST
India may tighten disclosure rules for FPIs from MauritiusThe proposal would place FPIs based in the Indian Ocean tax havens and jurisdictions such as Cyprus and the British Virgin Islands at disad...
03 Sep, 2018, 07.18 AM IST
Mauritius revises tax credit rules for foreign cosTax outgo unchanged, firms need to give more evidence to prove they aren’t post-box entities.
16 Jun, 2018, 10.14 AM IST
P-note investors return to Mauritius as FPIsP-notes are overseas derivative instruments with Indian stocks as their underlying assets.
19 Aug, 2017, 09.33 AM IST
PE, VC, FPIs rejig investment strategies due to changes in GAAR, bilateral tax treatiesSome FPIs may even look at relocating to Singapore from Mauritius as treaty benefits in both cases are almost similar, experts said.
07 Mar, 2017, 04.11 PM IST
Tax-wary FPIs may move to EuropeThe government had, in 2016, amended all the three major tax treaties due to which FPIs investing in India would see their capital gains fr...
05 Jan, 2017, 12.40 AM IST
Investment strategy being reworked due to Singapore tax treaty, GAAR arrival from FY18Industry trackers say some smaller FPIs investing in India through Mauritius are looking at increasing the number of employees in the islan...
02 Jan, 2017, 01.15 AM IST
FPIs set eyes on France, Spain as new tax havensTop FPIs have roped in tax consultants in India to conduct a comparative analysis of these destinations. As of now France and Spain seem to...
08 Sep, 2016, 08.12 AM IST
Don't equate Singapore tax treaty with Mauritius, FPIs tell government“If the tax treaty is not renegotiated, India will assume right to tax capital gains. Tax will be levied at the full rate starting from Apr...
23 May, 2016, 04.19 AM IST