India-Mauritius tax treaty to not have retrospective taxation effect: Report

A treaty between India and Mauritius is not likely to have retrospective taxation effect as tax will be imposed only after the date of the signing of the agreement between the two, a report said.

Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth jointly inaugurate several India-assisted development projects at the Agalega Island in Mauritius, via a video conference.

Credit: PTI Photo

New Delhi: A treaty between India and Mauritius is not likely to have retrospective taxation effect as tax will be imposed only after the date of the signing of the agreement between the two, news channel CNBC-TV18 reported on Friday, citing sources.

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