AGP Executive Report
Last update: 7 hours agoMauritius–India Tax Rules: Mauritius Minister for Financial Services Jyoti Jeetun says the Mauritius Cabinet’s ratification of the India–Mauritius DTAA Protocol (with the principal purpose test) is meant to stop treaty shopping, not to hurt genuine investors doing real business on the island. Mauritius–India Business Climate: In parallel, India is weighing a major FDI policy tweak—raising the Cabinet Committee on Economic Affairs approval threshold for large proposals to ₹15,000 crore from ₹5,000 crore—to speed up investment decisions and ease doing business. Regulatory Leadership: India has extended Enforcement Directorate Director Rahul Navin’s tenure by one year to August 2027. Payments & Trade Links: Government clarifies UPI will stay free for consumers, and UPI processed Rs 29.9 lakh crore in July; the system is now available in Mauritius and other overseas markets. Mauritius Finance & Markets: CapitalXtend launched a refreshed brand identity and redesigned website aimed at a more client-focused trading experience. Mauritius in Global Business: A Mauritius-linked IHS Towers sale was completed—Macquarie Asset Management acquired IHS’s Latin America tower operations for about USD 952 million.
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