Mauritius cabinet ratified a tax protocol granting Indian officials more questioning powers. This allows direct challenges to offshore entities suspected of tax evasion. The principal purpose test will deny treaty benefits if tax avoidance is a primary aim. This change follows the Tiger Global verdict and strengthens genuine substance requirements. The protocol aims to ensure treaty benefits are for legitimate commercial purposes.
Bluestone Jewellery shares rocket 36% in just three days after Q1 results. Can the momentum sustain?
BlueStone Jewellery shares have surged 36% in three trading sessions after the company’s strong Q1 results, which marked a return to profitability and robust revenue