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MAURITIUS REVENUE AUTHORITY
Jane Street may take Singapore route to sort out India tax rowWith the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initi...- BLS International plans to invest ₹2,500 cr to expand into new marketsBLS International is set to invest ₹2,500 crore over the next three to four years. This significant investment will fuel expansion into new...
- BLS International plans to have a capex outlay of Rs 2500 cr for expansion in new markets, acquisitionsBLS International plans to invest ₹2,500 crore over the next three to four years to expand into new markets, pursue acquisitions and upgrad...
- I-T department tries new tack to test FPI ‘substance’Indian tax authorities are scrutinizing foreign portfolio investors (FPIs) from Mauritius, requesting their tax residency certificate (TRC)...
- Mauritius authority quizzes investment managers over feesThe Mauritius Revenue Authority (MRA) has launched a probe into the finances of at least seven investment managers (IMs) who advise funds o...
- Mauritius regulator clarifies cap gains booked by PEs in India won't be taxedMRA clarified that any income which is distributed by a foreign "fiscally transparent entity" will retain its initial character in Mauritiu...
- Foreign investors worried over new Mauritius tax angle on PE fundsAccording to a private ruling by MRA, investment vehicles in Mauritius, used by global investors to enter India, will have to pay tax in Ma...
- PNB fraud: Mauritius promises necessary actionMauritius said it has taken cognizance of reports about the purported fraud allegations with regards to Punjab National Bank, Nirav Modi an...
- No grandfathering for investments from Mauritius: AAR“We do not wish to appear regressive or against promoting healthy and fair investment and business. Yet, a line has to be drawn somewhere,”...
- Mauritius to begin automatic tax information exchange from Sept 2018Mauritius will start automatic exchange of tax information with other nations only from September 2018, as it has postponed by a year.
- Mauritius says given information on 170 cases to IndiaMauritius says it is fully committed to remain a credible financial centre and there has been 170 cases of exchange of information with Ind...
- GAAR shouldn't create uncertainty: Arvin Boolell, Foreign Affairs Minister, MauritiusIndian government has taken cognisance of the difficulties and has already postponed it, but more clarity and certainty is required.
- Union Budget 2012: GAAR empowers I-T department to deny tax benefits to 'companies'The General Anti-Avoidance Rules or GAAR which was announced in budget 2012 will enable the government to do this.
- India for review of tax treaty with MauritiusThe finance ministry has asked the ministry of external affairs to initiate talks with Mauritius on the issue.
- Govt to tighten capital gains tax norms with MauritiusDomestic companies routing their investments through Mauritius may soon have to pay capital gains tax as the tax authorities are pressing f...
- A Mauritian agenda: Tax treaty benefitsBenefits of the Indo-Mauritius tax treaty should go only to geniune residents.
- Indian officials to visit Mauritius to negotiate changes in tax treatyA team of Indian officials will visit Mauritius soon to negotiate changes to a 28-year-old tax treaty, in a renewed attempt to restrict its...
- Foreign cos to seek tax clarity on investments via MauritiusForeign entities to move AAR as revenue dept levies tax on capital gains of Mauritius resident firms despite SC ruling.
- Source-based taxation regime on capital gains for FIIsIndia has kicked off talks with Mauritius to rework a 25-year tax-treaty that spares FIIs based in that country from paying capital gains t...
- Govt moves SC against order on OCBsThe government has filed a special leave petition with the Supreme Court against the Delhi High Court order quashing a circular issued by t...
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