Why there is tax exemption for the investments from Mauritius? Whats so special?

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because in double taxation avoidance treaty between india , mauritius, there clause says capital gains on sale of shares of indian companies investors resident in mauritius taxed in mauritius , not in india.

, mauritius passed act, allowing foreign companies register in mauritius investing abroad, , exempting them capital gains tax.

foreign investors made sense invest india through mauritius capital gains exempt.

however, government exempting long term capital gains on listed securities tried make route less lucrative.



Business & Finance Taxes India Next



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