AGP Executive Report
Last update: 8 hours agoMauritius-India Tax Rules: Mauritius Minister for Financial Services Jyoti Jeetun says the Mauritius Cabinet has approved ratification of the India-Mauritius DTAA Protocol, introducing the principal purpose test (PPT) anti-abuse rule—meant to stop treaty shopping while reassuring “genuine investors” doing real business won’t be targeted. Investment Climate Watch: India is considering lifting the Cabinet Committee on Economic Affairs (CCEA) approval threshold for large FDI proposals to ₹15,000 crore from ₹5,000 crore, aiming to speed up approvals and ease the process as investment scales grow. Regulatory Personnel: India’s government has extended Enforcement Directorate (ED) Director Rahul Navin’s tenure by one year, keeping him in post until August 2027. Regional Connectivity: UPI is reported to have processed Rs 29.9 lakh crore in July and is now available in 11 countries, including Mauritius. Travel Disruption Update: Air India plans to restore many reduced international flights from September 1 as jet fuel costs moderate. Science & Heritage: New research on the dodo suggests it may have had stronger smell and touch sensitivity, and a more flexible daily activity pattern than previously believed.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
