Monday, November 3, 2014

Sushma allays Mauritius fears on tax pact

India on Sunday told Mauritius that it will not take any decisions that will “adversely impact” bilateral relations while reassuring the country that amendments to the bilateral tax treaty would be made only after considering the legitimate interests of both sides.

This was conveyed by External Affairs Minister Sushma Swaraj during her meetings with the top leadership of Mauritius, including President Rajkeswur Purryag and Prime Minister Navinchandra Ramgoolam.

She assured them that “India was in the process of reviewing the Double Taxation Avoidance Agreement (DTAA) and will not do anything that will adversely impact the island nation’s ties with India,” official sources told PTI.

External Affairs Minister Sushma Swaraj with Mauritius Prime Minister Navin Ramgoolam in Port Louis, Mauritius, on Sunday. Photo: PTIMs. Swaraj, who is here on a three–day visit, also said that enhanced relations between the two countries will benefit people-to-people contacts. She recalled that the first batch of Indians had arrived in Mauritius on November 2, 1834.

Earlier, terming the India-Mauritius double taxation avoidance convention an important agreement between the two countries, External Affairs Ministry spokesperson Syed Akbaruddin said both countries would ensure that their “legitimate interests” would be secured in any new agreement. “Discussions on this are an ongoing issue and once these are ready and there is an agreement between the two countries, we will then move to the next step of amending it,” he said.– PTISource:http://www.thehindu.com/

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