The former FM Rama Sithanen says he‘s seen the new protocol and in it Mauritius has given up the right to tax capital gains. If this is true it would have a significant impact of foreign investors investing in India via Mauritius.
Mauritius‘ former finance minister claims that his country has given up the right to tax capital gains. This has raised questions regarding the scope of the renegotiation of the India-Mauritius Double Tax Avoidance Treaty (DTAA)