Page 5 - Mauritius

New Mauritius tax norms to hit PE investments in India, says IVCA

The move to tax capital gains from India would fundamentally alter the character of all income arising from Indian AIFs and lead to increased litigation

Mauritius PM Pravind Jugnauth to arrive in India today for 8-day visit

Mauritius Prime Minister Pravind Kumar Jugnauth accompanied by his spouse Kobita Jugnauth and a high-level delegation will arrive in India for an eight-day visit starting Sunday.

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Mauritius PM Pravind Jugnauth starts 8-day India visit from Sunday

The Mauritius PM will also pay a visit to Varanasi apart from his official engagements in Gujarat and New Delhi

Bonus stripping: Foreign portfolio investors from Mauritius feel the pinch

Mauritius has become an attractive destination for debt investments in India

Modi, Jugnauth jointly inaugurate India-assisted projects in Mauritius

The two PMs also took part in a virtual foundation stone laying ceremony for two other projects

Mauritius: PM, Jugnauth jointly inaugurate, launch India-assisted projects

Modi also said Mauritius is a prime example of India's approach to development partnership which is based on the needs and priorities of its partners and respects their sovereignty.

HAL signs contract with Mauritius for export of advanced light helicopter

HAL has signed a contract with the Mauritius government to export one advanced light helicopter (ALH Mk-III) for the country's police force, an official statement said on Wednesday.

After FATF, Mauritius exits European Union tax blacklist

FATF is an intergovernmental body that aims to combat money laundering and terrorism financing

Mauritius exits FATF grey list, Pakistan remains on the list

Mauritius was put on the list by FATF in February 2020, and that had a significant impact on its credibility as a prudent and compliant jurisdiction

Mauritius closer to exiting grey list as FATF sees progress on action plan

Inter-governmental body has now authorised its delegates to visit the island nation for an on-site inspection of the progress made

Mauritius, Cayman Islands funds under watch for ownership info gaps

There are concerns that a number of such funds could have a high non-resident Indian (NRI) holding and be used by Indian promoters for round-tripping and manipulating share prices

In the eye of the storm: Adani stocks crash on rumours of FPI freeze

Shares recoup some losses after company, NSDL, FPIs deny report

Four foreign funds in limelight for skewed investment in Adani group firms

Elara India Opportunities Fund, Albula Investment, APMS Investment and Cresta Fund have invest­ment in a number of domestic­ally listed firms besides the Adani group firms

US pips Mauritius as 2nd largest source of FDI in India in 2020-21: DPIIT

Total FDI, including equity, re-invested earnings and capital, rose 10 per cent

Mauritius rejigs special purpose fund regime to gain 'financial' edge

Will enable global investors to set up tax-exempt entities

Finance Bill amendment eases Mauritius funds' path for India shift

Experts reckon up to 10 per cent of such funds could shift to the IFSC

Mauritius to receive consignment of Indian-made coronavirus vaccine Covaxin

Mauritius will receive a consignment of Covaxin, India's indigenously developed COVID-19 vaccine, on Friday, announced the High Commission of India in Port Louis on Thursday.Taking to Twitter, the High Commission said that India stands strong with Mauritius in the tough times, describing it as 'a time-tested and enduring partnership'."Mauritius arms itself with COVAXIN, India's indigenously developed vaccine, in its fight against COVID19. India stands strong with Mauritius in these tough times. Consignment to arrive tomorrow. A time-tested and enduring partnership," tweeted India in Mauritius.The Indian High Commission in Mauritius also said that Covaxin is effective against the UK variant and other heterologous strains."Developed & manufactured by @BharatBiotech, COVAXIN has demonstrated 81% interim efficacy in preventing COVID19. COVAXIN is effective against UK variant strain & other heterologous strains. EUA received in 8 countries till date, 20 more to follow," it said

FATF commends Mauritius for progress on action plan despite pandemic

This has raised hopes that the country will be able to come out of the grey list some time this year

Exim Bank extends $100 mn loan to Mauritius on behalf of India

The loan is for for defense-related procurements