Editorials, GS-2, Uncategorized

Changes in the tax treaty with Mauritius

What is DTAA? Double Taxation Avoidance Agreement (DTAA) also referred as Tax Treaty is a bilateral economic agreement between two nations that aims to avoid or eliminate double taxation of the same income in two countries.   Importance of this It is not unusual for a business or individual who is resident in one country… Continue reading Changes in the tax treaty with Mauritius

GS-2, International Relations, Uncategorized

Amended Mauritius DTAA unclear on hybrid securities

The Hindu News: The two countries India and Mauritius amended their 33-year-old tax treaty, bringing the curtains down on the Mauritius route, which government revenue officials and critics said had become synonymous with tax avoidance and abusive practices such as treaty shopping and round-tripping. The amendment to the 1983 treaty will come into force from… Continue reading Amended Mauritius DTAA unclear on hybrid securities