ECONOMY 1h ago
India tightens Mauritius tax treaty rules to prevent misuse of tax benefits, effective August 10
Economic Times Economy
Published 14 Oct 2026, 04:58 am IST
Listen to this article in summarized format
India-Mauritius tax treaty amended: New anti-abuse rules effective August 10
The provision allows tax authorities to deny treaty benefits if they establish that obtaining a tax advantage was one of the principal purposes of a transaction or arrangement.
The amendment could bring Mauritius-based foreign portfolio investors, private equity and venture capital funds, holding companies and special-purpose vehicles (SPVs) under closer scrutiny when claiming tax relief.
Under the new provision, tax authorities can examine the purpose of transactions to determine whether treaty benefits should be granted.
Originally reported by Economic Times Economy.Source: economictimes.indiatimes.com
Related reads
Economic Times Economy · 37m
India's inflation hits 5.54%: Onion prices up 108%, food inflation 7.74% | 10 numbers explained
Livemint Economy · 1h
Fixing current account deficit key to stablizing rupee: BCG's Janmejaya Sinha
Economic Times Economy · 1h
'Don't worry': Piyush Goyal sends a message to the world on India-US ties
Economic Times Economy · 2h
RBI open to more steps to curb FX speculation, Governor Sanjay Malhotra says