Long accused of being a route for avoiding taxes for foreign investments into India, Mauritius says it has put additional safeguards in place to thwart such wrong perceptions and to boost its image as a preferred global financial centre.
The Foreign Investment Promotion Board seems to have laid to rest the controversy surrounding FDI investments routed via Mauritius.
In April last year, tax authorities had questioned Deepak Kochhar over a Rs 405-crore investment by Accion Diversified Strategies Fund through its Mauritius subsidiary, DH Renewables Holding
England batsman Kevin Pietersen is flying home from the Twenty20 World Cup to be with his wife for the birth of their first child and is planning to jet back to the Caribbean in time for the semi-finals.
Mauritius is biggest route for investment into India.
The searches are linked to suspected movement of hawala money during the ongoing polls season and tax evasion.
Maharashtra govt, California-based Zipline to launch the automated delivery service funded by Serum Institute.
Air India plans to launch services with three flights per week.
As prices go up and airlines go under, can you still afford to travel well? Here are three tips and six 'secret' routes by Peter Greenberg.
The larger amount of black money either goes into domestic real estate or bullion, or is round-tripped back into India anyway.
With SpiceJet and Simplifly Deccan all set to give away similar throw-away offers and GoAir looking for similar tie-ups with travel portals, air travellers can expect around 25,000 such cheap-fare tickets on offer up to April 15.
The winner will receive a five-day, four-night trip to Singapore, inclusive of a pair of round-trip business class tickets on Singapore Airlines or tickets of equivalent value, double occupancy accommodation at a five-star hotel.
The quantum of FPI investments via P-notes remain unchanged at 6.6 per cent in March.
SOTC, Tourism Malaysia & Singapore Tourism Board presents the eight day Malaysia Singapore Extravaganza Tour for Rs 41,900.
Of the 700-odd Indians having foreign bank accounts, not all can be deemed to be operating these illegally.
You can now avail of special airfares to New York.
You can avail of special airfares to London and back on Air India and British Airways.
Jetstar Asia on Thursday launched its international no-frills, low-cost and thrice-a-week flights between Kolkata and Singapore.
The Central Bureau of Investigation (CBI) had told the finance ministry some "well-known" companies in the power, oil, and telecommunications sectors were involved in round-trip trading by indulging in third-party transfers in violation of law.
Sunderland players have offered ticket refunds to all 2,500 fans who made the long trip to watch their side's humiliating 8-0 thrashing at Southampton in the Premier League, club captain John O'Shea confirmed on Tuesday.
If foreigners need reasonable taxes, why offer citizens something else? If foreign businessmen look for assurance on the rule of law, so do citizens, argues T N Ninan.
Wanted: Mathematics teachers, organised by the Visiting International Faculty Program.
Indian Airlines has introduced 'Excursion Fare' on the Hyderabad-Tirupati-Hyderabad sector, which would be 45 per cent less than the normal fares.
Initiating a major fare war on the international sector, private carrier Air Sahara on Thursday announced the launch of its flights to Kuala Lumpur and Singapore from May with an introductory round-trip fare of only Rs 10,000, which is even lower tha
Private carrier Jagson Airlines, which operates between Delhi and Himachal Pradesh, will start helicopter operations for Amarnath pilgrims with 44 daily services to the holy shrine from Srinagar and Baltal in Jammu and Kashmir.
Lionel Messi has become the first player to win Europe's Golden Shoe award for three straight years after his nearest challenger Kylian Mbappe failed to score the four goals he needed in Paris St Germain's final league match of the season on Friday.
Mourinho's side failed to turn their domination into more goals and things got edgy late on when Saville's shot evaded Gazzaniga who seemed slow to get down.
Pssst, India's Royal Rajasthan on Wheels is listed among these great rail journeys.
Manchester City side pulled off one of the greatest comebacks in FA Cup history to beat Tottenham Hotspur 4-3.
Sources said that the capital markets regulator Securities and Exchange Board of India has come across quite a few cases where GDR route could have been used for round-tripping of funds in the name of capital-raising activities of listed companies from abroad.
Soren Thompson defeated world number two Alfredo Rota but then lost to the defending champion Pavel Kolobkov of Russia.
The government is believed to have rejected a proposal of Bharti Global Ltd for acquiring up to 49 per cent stake in Bharti Tele-Ventures.
Indian Airlines has cut by over 50 per cent its fares on selected destinations and announced that various promotional, round-trip or excursion fares had been extended till September end.
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.
The rescued boys have been taken to a hospital by ambulances for medical treatment.
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Relaxing its norms for foreign investors, Sebi on Thursday allowed overseas entities using complex multi-fund structures to invest in India, if they need to use such models due to regulations in their home country and they are ready to provide details of actual beneficiary of funds.
P-Notes are mostly used by overseas HNIs.
