Mauritius on Wednesday ruled out Indians routing their money through the island nation to Indian stock markets to evade taxes and convert black money into white commonly known as round-tripping in the financial world by taking advantage of the Double Tax Avoidance Agreement (DTAA) between the two countries. Ramakrishna Sithanen,vice-prime minister who handles finance and economic development ministry,said he has not received any complaint from India about routing investments via his country to evade taxes. We have not received a single complaint of round tripping from Indian authorities, Sithanen told The Indian Express here.
