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Indis welcomes efforts of Mauritius to curb tax evasion
By TII News Service
Feb 06, 2012 , New Delhi

    

INDIA has played host to the leaders of two strategically important Indian Ocean nations, the Seychelles and Mauritius, within the span of a week. Prime Minister of Mauritius ,Navinchandra Ram-goolam, will be visiting Delhi on Monday with hopes to diversify the country's industry which has traditionally focused on sugarcane and textiles. According to reports, in a bid to reach out to Indian business, meetings between the visiting delegation and businessmen are scheduled to be held in both New Delhi and Mumbai.Discussions on the crucial issue of revision of the Double Taxation Avoidance Agreement (DTAA) are also expected to take place between the two nations.A joint working group is currently working on revising this pact which is expected to help the two countries share banking and tax-related information to prevent money laundering and tax evasion.Mauritius has already been extended lines of credit by New Delhi for acquiring off-shore patrol vehicles to check piracy. Dhruv helicopters have been provided by India to Mauritius for surveillance of the ocean waters. Indian ships too have been part of the patrols to check sea pirates.

 

 
 
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