In a diplomatic blow to Britain, the General Assembly yesterday voted by 94 to 15 to ask the Hague-based court to examine the legal status of the Chagos Archipelago, which Mauritius maintains is part of its territory that has been unlawfully claimed by the UK since 1965.
Mauritius Prime Minister Pravind Kumar Jugnauth today said a comprehensive economic cooperation pact with India is being negotiated that will boost bilateral trade and cross-border investments.
The implementation of a tax treaty with Singapore and Mauritius could mean the end of p-notes as we know them,
NBCC has won Rs 250 crore order from the Mauritius government to build the new Supreme Court building. The company has been appointed as the project management consultant.
Mauritius saw Indian tourists' arrivals of 83,000 in 2016 which was 15 percent more than arrivals in previous year, Mauritius Tourism Promotion Authority (MTPA) India, Country Manager, Vivek Anand said here.
Out of the 3,000 participants attending WEF 2017, 21 percent will be made up of women, compared to the reported 9-15 percent figure seen during 2001 to 2005, and the 18 percent seen in 2016.
Facing crisis in the sugar sector, Mauritius today signed a pact with India -- the world's second biggest producer of the sweetener, to gain expertise and support for diversifying the sugar business, especially of cooperative mills in the island nation.
Govt unlikely to change GAAR‘s implementation date; amended CBDT rules have â€œgrandfatheredâ€ investments made before April 1, 2017 exempting these from the anti-avoidance rule
Fearing a rise in their business costs, some foreign portfolio investors have knocked on the doors of markets regulator Sebi and Finance Ministry for greater clarity on taxation rules for indirect transfer of securities, especially after revision to treaties with key jurisdictions like Mauritius, Cyprus and Singapore.
Tax treaties or the Double Taxation Avoidance Agreements (DTAA) signed with the three nations, mean that FPIs will be taxed for their capital gains. Luckily for foreign investors, some European nations continue to offer tax exemptions.
Third bilateral treaty change in 2016 after similar changes in double tax avoidance agreements (DTAA) with Mauritius and Cyprus; Swiss govt to share real time data
Mauritius accounted for 20.8 per cent of FDI in India followed by the US, the UK, Singapore and Japan up till March 2016, the Reserve Bank said while releasing the Census on Foreign Liabilities and Assets of Indian Direct Investment Companies for 2015-16.
FDI inflows in January-September jumped 21 percent to USD 32.18 billion.
CBI has received partial responses to the Letters Rogatory it sent to six countries for establishing the money trail in the Rs 3767-crore AgustaWestland VVIP helicopter deal case.
The company's board at its meeting held on December 1, has approved the raising of funds upto Rs 175 crore by issuing equity shares on preferential basis to TA FII Investors, Mauritius at a price of Rs 570 per share.
The 5 billion Indian rupees (USD73.01 million) of bonds were issued by ECL, a unit of Indian financial firm Edelweiss, the exchange's Sunil Benimadhu told Reuters on Tuesday.
In May, India and Mauritius signed a protocol amending the India-Mauritius Tax Treaty to introduce in-principle taxation of capital gains in India in a phased manner.
Mauritius will waive 40 percent shooting tax for Indian film-makers for shooting on the island nation.
The new agreement also provides for exchange of banking information and allows the use of such information for purposes other than taxation with prior approval of competent authorities of the country.
The piece of wing flap was found in May and subsequently analysed by experts at the Australian Transport Safety Bureau, which is heading up the search for the plane in a remote stretch of ocean off Australia's west coast.
Berger International Private Limited, Singapore is a wholly-owned subsidiary of APIL.
Quoting sources, Ritparna Bhuyan of CNBC-TV18 reports that the negotiators will be meeting again in the next two months to exchange proposals on duty cuts.
Mauritian Minister of Finance and Economic Development Pravind Kumar Jugnauth yesterday met Finance Minister Arun Jaitley to discuss economic ties between the two countries and avenues to deepen co-operation.
Mauritius Finance Minister Pravind Jugnauth, currently on a visit to India, met Union MSME Minister Kalraj Mishra.