With a view to examine the consequential issues arising out of amendments to India - Mauritius Double Taxation Avoidance Convention and related issues, a Working Group headed by Joint Secretary (FT&TR-II), CBDT and comprising of departmental officers and representatives of SEBI, custodians, brokerage firms and fund managers has been constituted.

The Working Group will submit its report to the CBDT within 3 months, after examining the relevant issues.

Double Taxation Avoidance Agreement amendments prompt Working Group to examine consequential issues and report within three months. A Working Group has been constituted, chaired by the Joint Secretary (FT&TR-II), to examine consequential issues arising from amendments to the India-Mauritius Double Taxation Avoidance Agreement; it includes departmental officers and representatives of securities regulators, custodians, brokerage firms and fund managers and must submit a consolidated report to the central tax authority within three months.