Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide
 Will the ITR Filing Deadline Be Extended Beyond July 31 for FY 2025-26? Here's the Latest Update for Taxpayers
 Income Tax Refund Delayed for AY 2026-27? 5 Common Reasons Your Refund May Be Stuck and How to Fix It
 ITR Filing 2026: FM Nirmala Sitharaman Asks Tax Officials to Let Honest Taxpayers Correct Genuine Mistakes
 Will Your FCNR Deposit Stay Tax-Free After Returning to India? Tax Rules Explained for NRIs
 ITR Filing 2026: Section 143(1) Tax Demand Explained Reasons, Solutions, and How to Avoid Penalties & Disputes
 ITR Filing 2026: Over 3 Crore Income Tax Returns Filed for AY 2026 27 Income Tax Department Urges Taxpayers to Avoid Last-Minute Rush
 ITR Filing 2026: CBDT Upgrades Income Tax Portal Ahead of July 31 Deadline Key Changes Every Taxpayer Should Know
 Sold house for ₹1.10 crore, tax computed on ₹1.96 crore? ITAT explains when Section 54 relief is still available
 ITR 2026: How Taxpayers Earning 25 Lakh to 1 Crore Can Save Up to 1.5 Lakh Under the New Tax Regime
 Old vs New Tax Regime 2026: Which Saves More Tax If You Earn 13 Lakh?

Mauritius wants DTAA sops to stay
October, 05th 2006
Mauritius is leaving no stone unturned to ensure continuance of benefits under its double taxation avoidance agreement (DTAA) with India. A delegation of senior officials from Mauritius is arriving here on Thursday to hold parleys with their Indian counterparts. The team would comprise officials from various departments including finance, diplomatic sources said. A meeting between revenue secretary KM Chandrashekhar and his Mauritian counterpart is part of the detailed itinerary of the visiting delegation, they added. India is planning to review the DTAA with Mauritius which provides long-term capital gains for a host of foreign institutional investors (FIIs). The Mauritius side does not want the existing arrangement which is unique to be disturbed. The Mauritius team is keen to touch upon various issues related to the comprehensive economic cooperation agreement (CECA) with India, the sources said. India has already offered to provide duty sops for Mauritian sugar, garments and rum, subject to quantity ceilings. While tariff concession for goods is being discussed under a proposed preferential trade agreement (PTA) which would be part of the CECA, the DTAA review is significant since Singapore is also demanding a similar arrangement. Last year, Singapore entered into a CECA with India and is keen to obtain the tax benefit now available only to FIIs registered in Mauritius. India has set up a working group to study the DTAA and to make recommendations for the proposed review. The key changes sought include shifting from residence-based taxation to source-based taxation. As of now, a Mauritian government certificate of residence entitles a company for exemption from capital gains tax.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2026 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting