Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f17470120df-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
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-The Indian Express&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. &lt;br /&gt;
&lt;br /&gt;
&lt;/em&gt;After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &amp;mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.&lt;br /&gt;
&lt;br /&gt;
That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp;amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.&lt;br /&gt;
&lt;br /&gt;
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/new-offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-ritu-sarin-p-vaidyanathan-iyer-jay-mazoomdaar-and-sandeep-singh-4687664.html"/>
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                <strong>New offshore records reveal several Indian firms tapped Mauritius route to save on taxes -Ritu Sarin, P Vaidyanathan Iyer, Jay Mazoomdaar and Sandeep Singh</strong></h1>
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                <div align="justify">-The Indian Express<br /><br /><em>The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. <br /><br /></em>After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.<br /><br />At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.<br /><br />The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.<br /><br />That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.<br /><br />Please <a href="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg" title="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg">click here</a> to read more. <br /></div>               </font>
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-The Indian Express&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. &lt;br /&gt;
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&lt;br /&gt;
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.&lt;br /&gt;
&lt;br /&gt;
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-The Indian Express

The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as..."/>
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                <strong>New offshore records reveal several Indian firms tapped Mauritius route to save on taxes -Ritu Sarin, P Vaidyanathan Iyer, Jay Mazoomdaar and Sandeep Singh</strong></h1>
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                <div align="justify">-The Indian Express<br /><br /><em>The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. <br /><br /></em>After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.<br /><br />At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.<br /><br />The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.<br /><br />That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.<br /><br />Please <a href="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg" title="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg">click here</a> to read more. <br /></div>               </font>
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&lt;br /&gt;
&lt;em&gt;The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. &lt;br /&gt;
&lt;br /&gt;
&lt;/em&gt;After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &amp;mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.&lt;br /&gt;
&lt;br /&gt;
At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp;amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.&lt;br /&gt;
&lt;br /&gt;
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.&lt;br /&gt;
&lt;br /&gt;
That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.&lt;br /&gt;
&lt;br /&gt;
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-The Indian Express&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. &lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp;amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.&lt;br /&gt;
&lt;br /&gt;
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.&lt;br /&gt;
&lt;br /&gt;
That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-The Indian Express

The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The Indian Express&lt;br /&gt;&lt;br /&gt;&lt;em&gt;The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. &lt;br /&gt;&lt;br /&gt;&lt;/em&gt;After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &amp;mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.&lt;br /&gt;&lt;br /&gt;At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp;amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.&lt;br /&gt;&lt;br /&gt;The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.&lt;br /&gt;&lt;br /&gt;That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg&quot; title=&quot;https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
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-The Indian Express

The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as..."/>
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                <strong>New offshore records reveal several Indian firms tapped Mauritius route to save on taxes -Ritu Sarin, P Vaidyanathan Iyer, Jay Mazoomdaar and Sandeep Singh</strong></h1>
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                <div align="justify">-The Indian Express<br /><br /><em>The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. <br /><br /></em>After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.<br /><br />At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.<br /><br />The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.<br /><br />That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.<br /><br />Please <a href="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg" title="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg">click here</a> to read more. <br /></div>               </font>
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-The Indian Express<br />
<br />
<em>The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. <br />
<br />
</em>After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.<br />
<br />
At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.<br />
<br />
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.<br />
<br />
That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.<br />
<br />
Please <a href="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg">click here</a> to read more. <br />
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-The Indian Express

The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as...',
	'disp' => '<div align="justify">-The Indian Express<br /><br /><em>The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. <br /><br /></em>After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.<br /><br />At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.<br /><br />The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.<br /><br />That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.<br /><br />Please <a href="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg" title="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg">click here</a> to read more. <br /></div>',
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-The Indian Express<br />
<br />
<em>The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. <br />
<br />
</em>After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.<br />
<br />
At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.<br />
<br />
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.<br />
<br />
That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.<br />
<br />
Please <a href="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg">click here</a> to read more. <br />
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$metaTitle = 'LATEST NEWS UPDATES | New offshore records reveal several Indian firms tapped Mauritius route to save on taxes -Ritu Sarin, P Vaidyanathan Iyer, Jay Mazoomdaar and Sandeep Singh'
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-The Indian Express

The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as...'
$disp = '<div align="justify">-The Indian Express<br /><br /><em>The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. <br /><br /></em>After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius &mdash; over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India.<br /><br />At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill &amp; Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia.<br /><br />The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on.<br /><br />That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year.<br /><br />Please <a href="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg" title="https://indianexpress.com/article/india/offshore-records-reveal-several-indian-firms-tapped-mauritius-route-to-save-on-taxes-5843404/?fbclid=IwAR2_hepQ9npFTfqYzE9DFf1G9clEPCd8y99EE0LOHS6Qn5xQQ2M3aahvuJg">click here</a> to read more. <br /></div>'
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New offshore records reveal several Indian firms tapped Mauritius route to save on taxes -Ritu Sarin, P Vaidyanathan Iyer, Jay Mazoomdaar and Sandeep Singh

-The Indian Express The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. After Swiss Leaks, Panama Papers and Paradise Papers, come documents from Mauritius — over 200,000 emails, contracts and bank statements that show how the island nation was used by a long list of corporates to facilitate their partnerships with multinationals and, without paying any capital gains tax, remit profits as Foreign Direct Investment (FDI) to India. At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill & Pearman, an offshore specialist firm which started operations way back in 1928 from Bahamas and in 2009 from Mauritius to cater to investments being routed to Africa and Asia. The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India. However, after 33 years in which there were several allegations of round-tripping and treaty abuse, Indian tax authorities amended the DTAA on May 10, 2016 and, for one, imposed capital gains tax, in a phased manner for two years, and fully applicable from April 2019 on. That changed the game for companies like Conyers. Also, companies shifted their plans to invest via Mauritius and it lost its supremacy for being the country which brought in the highest FDI inflows. The figures reflected the shift and in the year 2018-2019, there was a 44% fall in FDI inflows into India from Mauritius in comparison to the previous year. Please click here to read more.