Foreign Direct Investment inflows from Mauritius have almost halved during April-February period of last fiscal to $4.48 billion, according to the data of the Department of Industrial Policy and Promotion (DIPP).

India had received $8.97 billion during April-February 2012-13. According to an expert, investors are apprehensive that they may lose the tax benefit after introduction of GAAR (General Anti Avoidance Rules) provision.

(This article was published on May 11, 2014)
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