We will have to give something more to get over the substance of the DTAA which now has shifted away to India
-- Anil Gujadhur
Many have been shocked by the news about the amendment effected on 10th May to the India-Mauritius Double Tax Avoidance Agreement (DTAA). The advantages Mauritius was deriving as a global business centre looked suddenly withdrawn. We conceded at one stroke all that India has been insisting upon for long.