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Journalism of Courage
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.
