OrbitaxTreaty between India and Mauritius – Mauritius not agreeable to amend re limitation on capital gains exemption
|Treaty Development|India-Mauritius
It has been reported that Mauritius has not agreed to an amendment to the India-Mauritius tax treaty (the treaty).
Under the current treaty, capital gains earned by residents of a contracting state from sources in the other contracting state, are taxable only in the state of residence. Thus, capital gains earned by a Mauritian resident from the disposal of shares …
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