Port Louis (Mauritius), March 12 (PTI): India and Mauritius are working to settle their differences on the Double Taxation Avoidance Agreement (DTAA), and the issue can be resolved by April when the two sides meet in New Delhi.
Mauritius Prime Minister Navinchandra Ramgoolam said he had discussed the DTAA with visiting President Pranab Mukherjee during delegation level talks held here today.
“We spoke about the Double Taxation Avoidance Agreement. We have already found some common ground to find a solution. This is going to come to an end in April,” he said in the presence of President Pranab Mukherjee after attending a ceremony where several pacts on health, medicine, tourism were signed.
The India-Mauritius joint working group met in December 2011 and again in August 2012 to discuss concerns on the operation of the double tax avoidance treaty.
Mauritius had also agreed on a tax information exchange agreement with India, which incorporates provisions on assistance in the collection of taxes.
Mukherjee said India looked forward at the meeting of the joint working group to be held in April in New Delhi.
“I am pleased to note that the joint working group on the Double Taxation Avoidance Convention has met twice in the last one year. They have provided an opportunity for both sides to discuss all issues with the aim of finding a mutually acceptable and beneficial outcome,” Mukherjee said.
“India looks forward to holding the next meeting of the JWG soon in New Delhi. We also look forward to holding the 11th India-Mauritius joint commission meeting,” he said.