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FPIs from Mauritius to face greater scrutiny after tax treaty revision

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by taxpayers. The Mauritius government had in February decided to amend the double taxation avoidance agreement (DTAA) with India to align with the Organisation for Economic Co-operation and Developments proposal on base erosion and profit shifting. Although the agreement between India and Mauritius was ...
Cyril Amarchand Mangaldas Dominic Xavier Rediff Arijit Ghosh Rajesh Gandhi International Financial Services Centre Nishith Desai Associates
Source: rediff.com

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Virtual CIO Services Market Size, Share Growth Status, Emerging Technology, Key Players, Challenges, and Forecast till 2032

Virtual CIO (Chief Information Officer) Services offer outsourced IT leadership and strategic guidance to businesses lacking an in-house CIO. Providers offer expertise in IT planning, cybersecurity, infrastructure management, and technology adoption. With increasing reliance on digital solutions, demand for virtual CIO services is growing, especially among SMEs seeking cost-effective IT leadership.
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