Tuesday, September 17, 2013

Strong Place To Check Money Laundering

Mauritius en route to India coming up at New Delhi's concerns over money laundering, the Government had decided to tightened screening process. Mauritius financial services regulator FSC CEO of claret-Han pointed out that money in companies landing activities licence will be cancelled. regulator of those who invest money in India to Mauritius are used. claret pointed out that both Country bilateral taxation agreement are considering changes.

Combined workgroup meeting at the beginning of the end of this month or October. It covers the concerns of India., double taxation avoidance agreement between the two countries taking advantage of companies tax residence certificates (TRC), changes in the rules of the FSC issuance. message engaged in fraud by claret companies that if you invest black money are licensees in chinna India. in India Going to invest every person should understand it.

Both countries tax compromise to prevent misuse of these steps have been taken. Mauritius Bankers Association (MBA) CEO Ayesha c timal said quite clearly our TRC issue rules and transparent. we have to be assured that India tax treaty will be here to not misuse whatsoever will investNot used, black money.