19 June 2011

Mauritius agrees to revise tax treaty

Mauritius has agreed to negotiate and revise the existing Double Taxation Avoidance Agreement (DTAA) with India and the two sides are expected to meet soon to work out the details, Central Board of Direct Taxes ( CBDT) chairman Prakash Chandra said here on Saturday. He said India has been seeking to tax capital gains on companies making profit in India.

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