Transcription of Fund Structuring & Operations - Nishith Desai
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Global, Regulatory and Tax developments impacting India focused funds June 2017 Fund Structuring & Operations Copyright 2017 Nishith Desai Associates MUMBAI SILICON VALLEY BANGALORE SINGAPORE MUMBAI BKC NEW DELHI MUNICH NEW YORKFund Structuring & OperationsGlobal, Regulatory and Tax developments impacting India focused fundsJune SILICON VALLEY BANGALORE SINGAPORE MUMBAI BKC NEW DELHI MUNICH NEW YORK Nishith Desai Associates 2017 Nishith Desai Associates 2017 Provided upon request only Dear Friend,According to recent global LP surveys, India is being seen as the most attractive emerging market for allocating fresh commitments.
Fund Structuring & Operations There is some market hesitation about the changes introduced by the protocol signed between India and Mauritius to amend the Mauritius India Double Taxation Avoidance Agreement (the “Protocol”) as it gives India a source based right to taxation of capital gains arising out of sale of shares.
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