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)...
15 Apr, 2025, 10.00 AM IST
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...
10 Apr, 2023, 06.50 AM IST
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...
02 Jul, 2022, 12.34 AM IST
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...
29 Jun, 2022, 12.02 AM IST
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...
04 Mar, 2018, 01.46 PM IST
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,”...
14 Feb, 2018, 06.13 AM IST
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.
31 Jan, 2016, 01.25 PM IST
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...
17 May, 2013, 01.11 PM IST
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.
06 Jul, 2012, 09.14 AM IST
- 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.
16 Mar, 2012, 02.13 PM IST
- India for review of tax treaty with Mauritius
The finance ministry has asked the ministry of external affairs to initiate talks with Mauritius on the issue.
19 Apr, 2011, 08.06 AM IST
- Govt to tighten capital gains tax norms with Mauritius
Domestic companies routing their investments through Mauritius may soon have to pay capital gains tax as the tax authorities are pressing f...
04 Jul, 2010, 11.52 AM IST
- A Mauritian agenda: Tax treaty benefits
Benefits of the Indo-Mauritius tax treaty should go only to geniune residents.
22 May, 2010, 05.48 AM IST
- Indian officials to visit Mauritius to negotiate changes in tax treaty
A 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...
22 May, 2010, 12.48 AM IST
- Foreign cos to seek tax clarity on investments via Mauritius
Foreign entities to move AAR as revenue dept levies tax on capital gains of Mauritius resident firms despite SC ruling.
03 Apr, 2010, 02.24 AM IST
- Source-based taxation regime on capital gains for FIIs
India 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...
15 Feb, 2008, 04.59 AM IST
- Govt moves SC against order on OCBs
The government has filed a special leave petition with the Supreme Court against the Delhi High Court order quashing a circular issued by t...
01 Oct, 2002, 06.15 AM IST