Investments coming into India via Mauritius will now face closer scrutiny as the Indian government and the Mauritian government have inked a pact to amend the double taxation avoidance agreement between the two nations.
The tax department can now question investments made via Mauritius where the main purpose of the investment is to obtain treaty benefit.
Varun Gakhar from NDTV Profit writes on, “India-Mauritius Amend Tax Treaty: Foreign Investments to Come Under Close Scrutiny” with expert comments from Economic Laws Practice (ELP)’s Partner, Rahul Charkha.
