Pranab Mukherjee Mauritius

• New tax avoidance treaty with India: Mauritius

  Mauritius on Wednesday expressed the hope that the Double Taxation Avoidance Agreement (DTAA), which is at the centre of a long-standing controversy over routing of foreign investment into India, will be "behind us" when a new treaty is signed between the two countries.

• Resolution on DTAA likely by April: Mauritius Prime Minister

  India and Mauritius are working to find solutions to their differences on Double Taxation Avoidance Agreement (DTAA) and the issue could be resolved by April when the two sides meet in New Delhi.

• President Pranab Mukherjee reaches Mauritius on three-day visit

  President Pranab Mukherjee today arrived in Port Luis in Mauritius on a three-day visit aiming to boost bilateral ties with the country that has 70 per cent Indian-origin people in its population.

• Pranab Mukherjee leaves on three-day visit to Mauritius

  President Pranab Mukherjee on Monday left for Mauritius on a three-day visit during which he will be the chief guest at the national day celebrations of that country.

• Vodafone to challenge I-T department's order in transfer pricing case

  Telecom giant Vodafone today said it will challenge the Indian tax authorities order regarding the transfer pricing case pertaining to sale of shares of its Indian unit to a Mauritius-based group company.

• Defer GAAR by three years, recommends expert panel

  The draft report of the Shome committee said: "...GAAR should be deferred for 3 years. But the year, 2016-17, should be announced now. In effect, therefore, GAAR would apply from assessment year 2017-18. Pre-announcement is a common practice internationally, in today's global environment of freely flowing capital".

• Finance Bill Clarifications: Top 10 takeaways

  Finance Minister Pranab Mukherjee on Monday presented a number of clarifications and proposals in the Finance Bill for 2012-13.

• Finance Bill: 5 things investors want Parliament to debate

  The Indian Parliament will on Monday discuss the Finance Bill for financial year 2012-13.

• GAAR fears cost Indian markets $10-bn foreign money

  Industry sources said that the fear, prevailing in the market since late March, could have led to at least $10 billion worth investments either having withdrawn or deferred by the P-note holders.

• BPCL seeks diesel due domestic shortage: sources

  Bharat Petroleum Corp (BPCL) is seeking a diesel cargo for early May as domestic supply remains tight on the back of refinery maintenance, industry sources said on Thursday.

• P-notes: I want my tax, says Pranab

  The finance minister statements indicate that the government may not tax P-note holders but could tax P-note issuers. Mukherjee said that he was not interested in knowing the identify of P-note holders. This means, P-note issuers could withhold tax before passing on economic benefits to P-note holders.

• 5 reasons why GAAR has spooked market sentiment

  Here are five things about the General Anti-Avoidance Rule or GAAR that is likely to hurt foreign investment.

• Will fears over P-Notes taxation under GAAR trigger further selling?

  Ambiguity pertaining to P-note taxation under GAAR is leading FIIs to wind up their positions, says an expert.