ELP Podcast Series: Navigating the Impact of India-Mauritius DTAA Protocol

Tune in to the latest episode of the ELP Podcast Series: Navigating the Impact of India-Mauritius DTAA Protocol where Rahul Charkha, Partner & Arpita Choudhary, Principal Associate discuss the recent Protocol signed between India and Mauritius. This protocol, driven by BEPS Action Plan 6, introduces the Principal Purpose Test, reshaping investment dynamics for Global investors investing into India through Mauritius.

Key Takeaways include:

– Enhanced Scrutiny: Global investors funneling funds through Mauritius may face increased scrutiny. While genuine investments persist, those solely leveraging DTAA benefits could see challenges.

– Potential Litigation: Legal battels on retroactive application and interpretation disputes.

– The Way Forward: Reviewing past investments, strengthening documentation and meeting substance requirements are essential steps.