India-Mauritius tax treaty to not have retrospective taxation effect - CNBC-TV18

$An employee of the Korea Exchange Bank (KEB) counts U.S. 100-dollar bills at the bank\\'s headquarters in Seoul October 13, 2008. South Korea\\'s bruised currency perked up on Monday on nervous hopes the global financial turmoil might calm down, with the government saying its economy can weather the storm. REUTERS/Lee Jae-Won (SOUTH KOREA) - RTX9HP5 , Reuters Images$

An employee of the Korea Exchange Bank (KEB) counts U.S. 100-dollar bills at the bank's headquarters in Seoul October 13, 2008. South Korea's bruised currency perked up on Monday on nervous hopes the global financial turmoil might calm down, with the government saying its economy can weather the storm. REUTERS/Lee Jae-Won (SOUTH KOREA) - RTX9HP5
Reuters Images

A treaty between India and Mauritius is not likely to have retrospective taxation effect as tax will be imposed only after the date of the signing of the agreement between the two

Tanvi Mehta and Nikunj Ohri, Reuters News

April 12, 2024

PHOTO
An employee of the Korea Exchange Bank (KEB) counts U.S. 100-dollar bills at the bank's headquarters in Seoul October 13, 2008. South Korea's bruised currency perked up on Monday on nervous hopes the global financial turmoil might calm down, with the government saying its economy can weather the storm. REUTERS/Lee Jae-Won (SOUTH KOREA) - RTX9HP5

A treaty between India and Mauritius is not likely to have retrospective taxation effect as tax will be imposed only after the date of the signing of the agreement between the two, news channel CNBC-TV18 reported on Friday, citing sources.

(Reporting by Tanvi Mehta and Nikunj Ohri; Editing by YP Rajesh)

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