Black money: Mauritius takes fresh steps to address round-tripping concerns
As a revision to the Indo-Mauritius tax treaty hangs in balance, the financial sector watchdog of the island nation has said its fresh conditions for grant of tax residency certificates will help address India's concerns on suspected round tripping of funds.
Aug 09, 2015, 15:34 PM ISTFinMin likely to prescribe threshold for furnishing of TRC
In order to promote ease of doing business, Finance Minister Arun Jaitley is likely to fix a monetary threshold for furnishing Tax Residency Certificate (TRC) which is needed by overseas entities for availing benefits under bilateral tax treaties.
Feb 18, 2015, 18:30 PM IST