Indian Ocean Times - only positive news on indian ocean

Mauritius and India well on track to renew the agreement of non-double taxation which links the two countries

India and Mauritius are set to finalize the renewal of the non-double taxation treaty that binds the two nations for years. A Mauritian ministerial delegation is currently in India to settle the final technical details. The comprehensive agreement expected to be concluded in about two weeks.
The financial investments of 9.03 billion from Mauritius, leading investor in the Great Indian Peninsula, have been registered in India for the financial period of April 2014 to March 2015.
Holders in the sector having in their wake drained foreign direct investment are telecommunications, the pharmaceutical industry and the construction sector.
Investors use including the Mauritian offshore financial center which enjoys the Treaty of non-double taxation between the two countries.


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