Hospitality,Hospitality sector projects by Government Of Mauritius in
Project Information
4975
Government Of Mauritius
Mauritius Has Announced That A New Tax Information Exchange Agreement (TIEA) With India Has Been Negotiated And Is Ready To Be Signed. Both The Countries Are Working On A New DTAA (Double Taxation Avoidance Agreement) And Progress Has Been Made On Various Fronts. Mauritius Accounts For Almost Half Of The Foreign Money Coming Into India, There Have Been Concerns In Recent Years That The Island Nation Is Being Used For Money Laundering And Round Tripping Of Illicit Funds. A Joint Working Group Has Been Set Up For Revision Of The DTAA And Mauritius Has Taken A Number Of Steps Within And Outside The Provisions Of Pact To Address India's Concerns. A Pact Has Been Signed Between Market Regulators Of Two Countries, SEBI And Financial Services Commission.Mauritius Has Agreed To Review On A Regular Basis The Tax Residency Certificates Issued By It To The Companies Investing In India, While The Talks Are On To Make DTAA Mutually Beneficial For Both The Countries.
Project Value
Refer document
Pre Project Activities Underway
Not Specified
India
Hospitality,Hospitality
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