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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 Development's proposal on base erosion and profit shifting.

Although the agreement between India and Mauritius was signed on March 7, the protocol of the amendment was made public for the first time on Wednesday, said legal experts.

Mauritius , Singapore , Luxembourg , India , Cyril-amarchand-mangaldas , Dominic-xavier-rediff , Arijit-ghosh , Rajesh-gandhi , International-financial-services-centre , Deloitte , Nishith-desai-associates , Gujarat-international-finance-tec

India, Mauritius sign new tax protocol, treaty benefits to be slashed - Industry News

India, Mauritius sign new tax protocol, treaty benefits to be slashed - Industry News
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India , Port-louis , Saint-george , Grenada , Mauritius , New-delhi , Delhi , Dhruv-sanghavi , Yeeshu-sehgal , International-tax-at-nishith-desai-associates , International-tax , Double-taxation-avoidance-agreement

A year after, MedTech policy makes little headway

A year after, MedTech policy makes little headway
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Germany , India , Singapore , Netherlands , China , Rajiv-nath , Milind-antani , Association-of-indian-medical-device-industry , Central-drugs-standard-control-organisation , Nishith-desai-associates , Indian-medical-device-industry , Nishith-desai

Indian law starting salaries: 29 law firms, in-housers updated as ICICI, JCLex, Bharucha, Majmudar hike while Tatva starts on Rs 8 lakh

Corporate recruiter ICICI Bank has increased its basic pay package for new recruiters by almost one and a half lakh rupees taking the basic annual package to 10.5 lakh, as Bharucha & Partners, Juris Corp and Majmudar & Co hiked their fresher pay. Tatva Legal kicked off its first law school recruitment season with packages of Rs 8 lakh.

Phoenix , Arizona , United-states , Kolkata , West-bengal , India , Mumbai , Maharashtra , Bangalore , Karnataka , Norton-rose , Legallypedia-indian

AZB hires NDA employment head, Poovayya disputes partner

Indian law firm AZB & Partners has made its first partner hires of the year with Vikram Shroff (L), former head of the employment and labour practice at Nishith Desai Associates, joining in Mumbai, and disputes partner Mrinal Shankar joining from Poovayya & Co in Bengaluru.

Chennai , Tamil-nadu , India , Bengaluru , Karnataka , Taiwan , Mumbai , Maharashtra , Aarthi-sivanandh , Malini-raju , Ajay-singh-solanki , Vikram-shroff

Ritika Bansal

Ritika Bansal
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New-york , United-states , India , United-arab-emirates , Bangalore , Karnataka , New-york-university , Singapore , United-kingdom , Zurich , Züsz , Switzerland

Rambling's of Confused Individual Blog - Times of India Blog

I am Suril Desai, and I am deeply passionate about navigating the intricate intersection of law and emerging technologies. At Nishith Desai Associates, I lead the disruptive technologies team, where I've spearheaded various initiatives in areas like cryptocurrency, artificial intelligence, blockchain, and privatization of space exploration. My role involves not only providing legal counsel to clients but also staying ahead of regulatory developments and devising innovative legal strategies to address the complex challenges posed by the rapidly evolving tech landscape.Beyond my professional endeavors, I have a diverse range of interests and pursuits. I've delved into academic courses in Advance Legal Studies in Counter-terrorism and investigative journalism. These experiences have broadened my perspective and enriched my understanding of multifaceted issues.I am also deeply committed to storytelling through documentaries.

Rome , Lazio , Italy , Bamiyan , Bamian , Afghanistan , Madrid , Spain , Mumbai , Maharashtra , India , Suril-desai

Suril Desai Blog - Times of India Blog

Suril Desai Blog - Times of India Blog
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Suril-desai , Nishith-desai-associates , Advance-legal-studies , Uril-desai-blog , Uril-desai-views , Uril-desai-opinions ,

SVB Financial : Regulation FD Presentation - Form 8-K -March 22, 2024 at 01:17 pm EDT

SVB Financial : Regulation FD Presentation - Form 8-K -March 22, 2024 at 01:17 pm EDT
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Pre-2017 investments of Mauritius-based funds may face enhanced tax scrutiny

According to depository data, Mauritius-based FPIs owned shares worth Rs 5.2 lakh crore in April 2017 contributing to 20% of the total FPI assets in India.

Luxembourg , Mauritius , Singapore , Netherlands , India , Ipsita-agarwalla , Rajesh-gandhi , Nishith-desai-associates , Double-taxation-avoidance-agreement , Economic-co-operation , General-anti-avoidance-rules , Reserve-bank