Economy · India
India Amends Mauritius Tax Treaty to Prevent Benefit Misuse
India has amended its Double Taxation Avoidance Agreement (DTAA) with Mauritius to prevent the misuse of tax benefits. The changes introduce a "test" to deny tax advantages to entities that are not genuine residents or are primarily established to obtain treaty benefits. This amendment aims to curb tax evasion and ensure that benefits are provided only to genuine residents.
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- Centre (3): Business Standard, The Financial Express, The New Indian Express