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RUPEE OPENS - Rupee Opens At 66.95/$ Vs 66.92/$ On Monday IDBI BANK MD & CEO - Urging Govt To Relax Resolution Mechanism

Mauritius Tightens Tax Norms

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December 26: Mauritius is working hard to shed its image as a haven for tax avoiders. The country’s FSC introduced greater substance requirements for multinational companies operating under its jurisdiction. The measures are part of its efforts to avoid the proxy tag for its investments, as firms take advantage of the tax treaties with India and other nations.