From Deccan Herald
Center-Left Owned by The Printers (Mysore) Pvt. Ltd.India, Mauritius amend tax treaty; include 'Principal Purpose Test' for availing benefits
RSS excerpt
New Delhi: India and Mauritius have amended their bilateral tax treaty by adding a treaty-level Principal Purpose Test (PPT) to the existing framework, in a move to curb treaty abuse. The amendment also replaces the treaty preamble to say that the pact intends to eliminate double taxation "without…