Mauritius Route

Mauritius remains the fifth largest destination of Indian investments globally, mostly because of round-tripping of funds. While stringent tax rules are now reducing the flow, securing clean investments remains a challenge for the COVID-19-hit island country.

India takes pride of place, crosses $300 bn FDI milestone

India crossed the USD 300 billion foreign direct investment (FDI) milestone between April 2000 and September 2016, firmly establishing its credentials as a safe investment destination in the world.

Budget-making not one-stop exercise: FM to India Inc

Finance Minister P Chidambaram on Monday had a post Budget meeting with representatives of industry associations.

Budget Analysis: Ranina says nothing was done to override Finance Act 2012

The Union finance minister today presented the Budget for the year 2013-14. HP Ranina, Corporate Tax Lawyer gave his reaction on the same. He wasn‘t very happy with the Budget. He believes that the FM has done nothing to override what was done in Finance Act 2012.

GAAR confusion to keep mkt under pressure: Alchemy Cap

Lack of clarity on the General Anti-Avoidance Rules (GAAR) provisions has brought a lot of uncertainty in the minds foreign institutional investors (FIIs), said Hiren Ved, chief investment officer, Alchemy Capital Management. He sees a likelihood of FIIs shelling out 15% cap gains on short-term capital gains.

Beach Bumming or Treaty Shopping:Future of Mauritius Route?

The events of Monday (20th June, 2011) may be attributed to the nervous, knee-jerk reaction of an already skittish market because for those of you who don't watch this show regularly and hence don't know - even without a treaty renegotiation the Mauritius route maybe, slowly and surely, losing its attractiveness.