#NewsFlash | Government has ended tax relief for foreign portfolio investors (#FPIs) from #Mauritius. Although the agreement between India and Mauritius was signed on March 7, the amendment was made public for the first time on Wednesday.

Govt ends tax relief for #FPIs from #Mauritius after treaty revision

#Mauritius' share in total #FPI assets shrinks to 6% in March 2024

Retrospective Amendment will dent investor confidence, says #AshokWadhwa of Ambit

Alert: India has moved to amend its Double Taxation Avoidance Agreement with #Mauritius