Tapping into the burgeoning BFSI market
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The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
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Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
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At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
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M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
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Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
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At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
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Taxation
Mauritius investors to be taxed from Apr 2017
11 May 2016
"Grandfathering of investments till 31 March 2017 provides some breather to the existing investors and the fund houses. The reduced tax rate with 50% of the domestic rate of tax in India, during the transition period of two years from April 2017 to March 2019 is a bit a show stopper unlike the India- Singapore treaty since as per the India-Mauritius protocol fulfilment of Limitation of Benefit will only entitle the investors to a 50% reduction of tax rates."
Manoj Purohit
Director, Grant Thornton Advisory Private Limited
This article apeared in Business Standard on 11th May, 2016
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