India-Mauritius DTAA - Leakage Plugged (Episode 1) India & Mauritius recently signed a much-laboured Protocol to amend certain provisions of the Double Taxation Avoidance Convention. One of the key amendments is with respect to Article 13 which now permits India to tax capital gains earned from alienation of shares in Indian Companies. There are many other amendments with respect to FTS, Service PE, Interest Income and insertion of LoB provisions but it is the taxation of capital gains which has led to general comments from different experts that the leakage in the tax treaty has now been plugged completely and the Mauritius route for FDI inflows into India is badly bruised now. Is it so? To find out answers to various sorts of tricky questions, TIOL TUBE invited four noted experts Mr Akhilesh Ranjan, Principal CCIT, International Taxation; Mr D P Sengupta, former CCIT, Mr Rupesh Jain, Partner, Vaish Associates & Mr M S Vasan from MSV Legal. The programme was anchored by the TIOL Founder Editor, Mr Shailendra Kumar.