Indian companies to be taxed as per DTAC

Indian companies having their management in the country would be taxed in India as per Indo-Mauritius Double Taxation Avoidance Convention Agreement even if they are incorporated in Mauritius,......

Govt examining black money info from Mauritius

The government on Tuesday said it has received information related to black money from Mauritius and was examining it for appropriate action. "The information given by the Government of Mauritius......

Tax relief for firms engaged in trade with US

In a relief to Indian companies, the Income-Tax Department has decided to suspend collection of taxes if the Mutual Agreement Procedure is invoked by a US-based entity under the Indo-US Double......

India to tax investments through Mauritius from April 2017

Under the amended treaty with Mauritius, for two years beginning April 1, 2017, capital gains tax will be imposed at 50 per cent of the prevailing domestic rate.  India will begin imposing......