The amended India-Mauritius tax treaty has inserted a new clause allowing source-based taxation at 10 per cent on fees paid for technical and consultancy services.
It accounted for over a third of foreign direct investment flows into India between 2000 and 2015
'GST had to come close on the heels of demonetisation as part of the same package.'
'The international community is moving away from harmful tax practices.'
On Tuesday, the rupee lost 9 paise to close at 66.67 against the US dollar.
SP leader Naresh Agrawal alleged that the government was 'deliberately sitting' over the names that have come to light in the leaked documents from the files of law firm Mossack Fonseca, based in the tax haven of Panama.
The top posts on social media from your favourite Bollywood celebrities.
Short of saying that it will not renegotiate the Double Taxation Awardence Treaty with India, Mauritius said on Tuesday there was a need for a balanced approach as the agreement has benefited both the countries since it was framed in 1983.
The top posts on social media from your favourite Bollywood celebrities.
Italian defence and aerospace major Finmeccanica's former chief Giuseppe Orsi has been sentenced by the Milan appeals court to 4.5 years in jail for false accounting and corruption in the sale of 12 VVIP choppers to India for over Rs 3,600 crore.
India dominated the range and the ring as Shreyasi Singh's double trap gold shored up the medal tally while the entire men's Indian boxing contingent made the semi-finals to be assured of podium finishes in an unprecedented performance on Day 7 of the 21st Commonwealth Games, in Gold Coast on Wednesday.
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
FIR says that the officials by virtue of influence exercised over them by Karti, not only ignored the serious illegality on the part of INX Media on both the counts but also deliberately showed undue favours to INX Group.
'Unsurprisingly, the joint statement issued after Modi's visit contains a paragraph on terrorism.' 'It is on the usual lines that India would have with, say, Croatia.' 'The surprising part is that it shies away from getting into specifics,' points out Ambassador M K Bhadrakumar.
An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.
According to sector estimates, it takes at least six months to develop a route.
The women officers are training to attempt to circumnavigate the globe in 2017.
The top posts on social media from your favourite Bollywood celebrities.
India is responding swiftly to the intended Chinese encroachment in a region it has seen as its traditional sphere of influence. The Indian Ocean is becoming the latest theatre of Sino-Indian rivalry, with China straining to breach India's old intimacy with island nations like the Maldives and Mauritius and sparking a diplomatic battle between the two countries.
Mauritius to offer IT jobs to Andhraites
Mauritius to hand over 32 Indian prisoners
Mauritius on Monday said it would soon adopt the open sky policy and allow private airlines from India to use its air space.
'Investment is the only way India can counter the Chinese influence in the region.' 'With more and more investments, you will have more and more stake; the strategic importance of Sri Lanka can be fulfilled with investments.' 'Investments should come because the void which is created by investments is always going to be filled by Chinese companies.'
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
The who's who of world politics, Bollywood and business attended the Narendra Modi's swearing-in ceremony at Rashtrapati Bhavan on Monday evening. Rediff.com shows a few, who attended the ceremony.
The price? If you can scrape together Rs 18 crore (Rs 180 million), you could commandeer a two-bedroom Foster + Partners-designed casa with a private pool, a quite extraordinary roof, some spectacular views, and the glamour and privacy that comes with the high life.
Air India will launch its direct flights from India to Mauritius from September 12, its chairman and managing director V Tulasidas said.
State-run Mahanagar Telephone Nigam, which had acquired the licence to offer telecom services in Mauritius in 2004, has started operations with international long distance services to begin with.
If the Modi government is going to set new benchmarks of performance, don't expect the majority of his dozen-odd ministers-who-matter with economic portfolios to be making the difference, says T N Ninan.
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