Mauritius route: Difference between revisions
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Mauritius is the tax heaven and accounted for 43% of cumulative foreign fund inflow into India, even as money parked overseas for tax avoidance has become an issue in the Lok Sabha polls <ref>http://www.financialexpress.com/news/india-gets-43-fdi-through-mauritius-route/448811/</ref> |
Mauritius is the tax heaven and accounted for 43% of cumulative foreign fund inflow into India, even as money parked overseas for tax avoidance has become an issue in the Lok Sabha polls <ref>http://www.financialexpress.com/news/india-gets-43-fdi-through-mauritius-route/448811/</ref>. Of the total $81 billion FDI that has come into India since April 2000, $35.18 billion was routed through the Mauritius route, according to figures available with the Department of Industrial Policy and Promotion. |
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== References== |
== References== |
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Revision as of 18:09, 16 April 2011
Mauritius is the tax heaven and accounted for 43% of cumulative foreign fund inflow into India, even as money parked overseas for tax avoidance has become an issue in the Lok Sabha polls [1]. Of the total $81 billion FDI that has come into India since April 2000, $35.18 billion was routed through the Mauritius route, according to figures available with the Department of Industrial Policy and Promotion.