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Government committed to generate Economic Wealth for the country, reiterates PM

Government committed to generate Economic Wealth for the country, reiterates PM
Date:December 21, 2017|Domain:Economy & Finance

GIS - 21 December, 2017: The vision of Government is to generate economic wealth for the country, to propel development and ensure that business activities flourish. The country’s 25th position for World Bank's Doing Business 2018 in addition to its


Mauritius falsely described as a tax haven country, Minister Sesungkur says

Mauritius falsely described as a tax haven country, Minister Sesungkur says
Date:December 15, 2017|Domain:Economy & Finance--Business & Industry

GIS - 15 December, 2017: Mauritius has been falsely described as a tax haven country as it has a compliant jurisdiction with sound regulatory practices that conform to international standards. This statement was made by the Minister of Financial Se


MRA: Professionals from Africa complete Executive Master’s in Taxation

MRA: Professionals from Africa complete Executive Master’s in Taxation
Date:December 14, 2017|Domain:Economy & Finance--Education & Training

GIS – 14 December, 2017: A second cohort of 15 taxation professionals from French-speaking African countries have completed an Executive Master’s in Taxation (EMT).  The closing ceremony to the course was held yesterday at the Mauritius Revenue Auth


Mr Yandraduth Googoolye appointed Governor of Bank of Mauritius

Mr Yandraduth Googoolye appointed Governor of Bank of Mauritius
Date:December 13, 2017|Domain:Economy & Finance

GIS – 13 December, 2017: The President of the Republic, Dr Ameenah Gurib-Fakim, has, in accordance with section 13 of the Bank of Mauritius Act 2004, and acting on the recommendation of the Acting Prime Minister, appointed Mr Yandraduth Googoolye as


Export and non-Export-Oriented Enterprises: Payment of national minimum wage

Export and non-Export-Oriented Enterprises: Payment of national minimum wage
Date:December 11, 2017|Domain:Employment/Labour--Economy & Finance

GIS - 11 December, 2017: The Minister of Labour, Industrial Relations, Employment and Training will make Regulations to provide for the payment of the national minimum wage of Rs 8 140, plus the additional remuneration of Rs 360, to workers employed


Over 18 300 beneficiaries have benefitted from the Negative Income Tax allowance

Over 18 300 beneficiaries have benefitted from the Negative Income Tax allowance
Date:December 05, 2017|Domain:Economy & Finance

GIS - 05 December, 2017: The Mauritius Revenue Authority (MRA) has credited the Negative Income Tax (NIT) allowance to some 18 327 beneficiaries as at 30 November 2017 out of the 25 369 applicants who have registered for the allowance. The remaining


Launch of Grant Scheme to make Mauritius a high income innovation-driven economy

Launch of Grant Scheme to make Mauritius a high income innovation-driven economy
Date:November 28, 2017|Domain:Economy & Finance--Education & Training--Business & Industry

GIS – 28 November, 2017: The formulation of the Pole of Innovation Grant Scheme by the Mauritius Research Council (MRC) is in line with Government strategy to harness new ventures to boost growth and make of Mauritius an innovation-driven high incom


Negative Income Tax scheme: Beneficiaries receive first payment

Negative Income Tax scheme: Beneficiaries receive first payment
Date:November 27, 2017|Domain:Economy & Finance

GIS - 27 November, 2017: The first payment of Negative Income Tax (NIT) allowance to beneficiaries was effected on Friday 24 November 2017 at the seat of the Mauritius Revenue Authority (MRA) in Port Louis in the presence of the Prime Minister, Mini


Chairperson of Economic Development Board appointed

Chairperson of Economic Development Board appointed
Date:November 23, 2017|Domain:Economy & Finance--Business & Industry

GIS - 23 November 2017: The Economic Development Board (EDB) which has been set up following the EDB Act which was passed in the National Assembly in July this year to promote investment has as Chairperson Mr Joseph Charles Cartier who has been appo


Government approves salary compensation of Rs 360 across the board

Government approves salary compensation of Rs 360 across the board
Date:November 23, 2017|Domain:Economy & Finance

GIS - 23 November, 2017: The Prime Minister, Minister of Home Affairs, External Communications and National Development Unit, Minister of Finance and Economic Development, Mr Pravind Kumar Jugnauth, announced the payment of a salary compensation of