India-Mauritius tax treaty: What the new PPT means for grandfathered investments and capital gains
· Business Today Mkts
The amended treaty introduces an anti-abuse test for claiming tax benefits, but eligible capital gains on shares acquired before April 1, 2017, remain subject to specific grandfathering provisions, according to tax expert CA (Dr.) Suresh Surana.
Key facts
- Dates in focus
- April 1
Market context
- Sectors in the story: Capital Goods & Engineering and Capital Markets.
Capital Goods & Engineering
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Capital Markets
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