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.
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Published on May 11, 2014
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