India top-priority funds flow partner, but tax treaties supreme: Mauritius
Sebi and others, as the case may be,whenever it comes across any suspicious information.
"If there is a suspicion, we give India more importance than any other country. And investors (global entities routing their investments through Mauritius) know it because it is all written in conditions for their setting base in Mauritius," she added.
GFM chief Nikhil Treebhoohun also dispelled the perception that Mauritius does not respond to the queries made by India with regard to round-tripping and other irregularities and said all such requests are always complied with.
Treebhoohun said that all the information requests made by India have always been replied, except for a few that are either 'fishing expeditions' or those against the rules of the country.
Mauritius' Board of Investment Assistant Director Harvesh Seegolam said that these replies have always been made in a timely manner.
"This is done in very timely manner. We are among the very first country that has welcomed an Indian tax official. We have an official from Indian tax department based in Mauritius," Seegolam said.
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