20 April 2015

US topples Mauritius to become top FPI provider to India

The United States of America (USA) has toppled Mauritius to become the top jurisdiction from where India is receiving the highest amount of foreign portfolio investment (FPI) into the equity markets.Mauritius lost out due to  the uncertainty over the double tax avoidance treaty (DTAA) between India and Mauritius and constant threat of  them being  reviewed. 

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