Mauritius: Destination for Financial Crime?

For Professor Joshi, the Mauritian authorities finding it enormously difficult to deal with financial scandals, especially with the double taxation treaty between India and Mauritius. Invited as part of a formation of the Indian Institute of Foreign Trade, the Professor Joshi has described Mauritius as a financial center tarnished by scandals. He said the authorities know something, because the country is quoted in several financial scandals.

It was this Monday, February 13, 2012, at the opening ceremony of the Executive Development Program on International Trade in Ebony. Present at the opening of this training, the Foreign Secretary, Anand Neewoor, countered that it is only a perception.

Anand Neewoor argues that the double taxation treaty between India and Mauritius is not only beneficial to Mauritius. "The Double Taxation Avoidance Agreement with India in 1983. At that time, Mauritius has benefited from this agreement. But over time, investors in both countries were finally able to benefit. This is not only Mauritius has tax concessions, " said the Foreign Secretary.

For Anand Neewoor, it is the Indian media "who is fixated on the treaty between India and Mauritius." "The Prime Minister during his trip to India gave explanations to the Indian media. He made ??it clear that this agreement can boost investment. Maurice has strengthened all legislation to prevent tax evasion in India , "he says.

In the articles on the financial scandals that splash the Great Peninsula, Mauritius is often cited as countries where the funds would have passed. "There are dishonest people who use the treaty to hijack the system. But Maurice will share information with India. This information sharing is important for the sustainability of this bilateral relationship, "explains Anand Neewoor.