Mauritius is trying hard to lose the black money taint. Lobby Group, Global Institutional Investors Forum, had unleashed a media blitz to try and defend Mauritius against allegations of being a safe haven for black money.
Some quarters in India want some aspects of the Double Tax Avoidance Agreement with Mauritius revised in order to plug tax evasion. In an interview with CNBC-TV18, Steve Flynn, chief executive officer, of GIIF and Iqbal Rajahballee, ex-CEO of Financial Services Commission, discuss the MauritusDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!