'PPT shouldn't be a matter of concern for genuine investors,' says Mauritius Minister for Financial Services Jyoti Jeetun

Mauritius approved the India-Mauritius Double Taxation Avoidance Agreement Protocol on July 17. This decision introduces a principal purpose test to prevent tax evasion and treaty shopping. Genuine investors undertaking real economic activity should not be concerned about this change. The treaty benefits will continue to support real investment and business activities in Mauritius. This maintains the treaty framework's credibility in line with international standards.

Raccontata daeconomictimes.indiatimes.com