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About 1 results for "india mauritius dtaa"

How FPIs are avoiding taxes on gains from non-convertible debentures
Rediff.com

How FPIs are avoiding taxes on gains from non-convertible debe...

Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes. Foreign portfolio investors (FPIs) are nowadays categorising the gains from non-convertible debentures (NCDs) as interest income to benefit from tax arbitrage, a stark contrast to the earlier practice of showing such income as capital gains.   Currently, the interest income of FPIs is subjected to five per cent withholding tax, against 15-20 ... Rediff.com, 2 weeks ago

1 images for "india mauritius dtaa"

Money Control, 6 months ago
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