Finally, after about 33 years of the India-Mauritius tax treaty coming into force, the treaty has now been amended. What is the key feature of the amendment?. New Delhi: India and Mauritius are set to begin a fresh round of negotiations to amend their double tax avoidance agreement (DTAA) to ensure. The Double Tax Avoidance Agreement (herein referred as “DTAA”) entered into between India and Mauritius provides for potential tax exemption to the foreign.

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The Mauritius route is a channel used by foreign investors to invest in India. Mauritius is the main provider of foreign direct investment FDI to India and also the preferred jurisdiction for Indian outward investments into Africa. ijdia

India-Mauritius DTAA amendments – a Bird’s eye view | Taxsutra

Nine of the 10 largest foreign business organizations or companies investing in India from April January are based in Mauritius. Since the inception of its Financial Services sector, Mauritius has taken all appropriate steps to safeguard the credibility of its jurisdiction.


In this regard, the Mutual Assistance in Criminal and Related Matters Act and the Financial Intelligence and Anti-Money Laundering Act which provides a framework for exchange of information on money laundering with members of international financial intelligence groups are cases in point. The Asset Recovery Act was promulgated to enlarges the scope for freezing ill-gotten assets.

Mauritius route

Under the Income Tax Act of India, there are two provisions, Section 90 and Section 91, which provide specific relief to taxpayers to save them from double taxation. Section maurihius is for taxpayers who have paid the tax to a country with which India has signed DTAA, while Section 91 provides relief to tax payers who have paid tax to a country with which India has not signed a DTAA.

Thus, India gives relief to both kind of taxpayers. According to the tax treaty between India and Mauritius, capital gains can only be taxed in Mauritius, the same treaty exist with 16 other countries.


The Double Tax Avoidance Agreement between India and Mauritius

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Retrieved 11 July Retrieved 13 July Archived from the original PDF on Income Tax department, Government of India. The Wall Street Journal.

India-Mauritius tax treaty: An end and a new beginning | Forbes India Blog

India’s latest ’round-trip’ destination”. Retrieved from ” https: Tax avoidance India—Mauritius relations Taxation in India. Orphaned articles from September All orphaned articles.

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