Officials can deny benefits if tax relief found sole motive
India has implemented a Principal Purpose Test in the India-Mauritius Double Taxation Avoidance Agreement. This test allows tax authorities to deny benefits when tax relief is a principal purpose. The amendment, effective from August 2026, impacts various foreign investors using Mauritius for investments. The change affects significant cumulative foreign direct investment inflows into India from…
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
