Why foreign investors prefer France to route derivative trades

Money Control | Jan 17, 2020 at 5:37 AM
  • Foreign investors are increasingly preferring France to route their equity derivative trades into India, reported The Economic Times.
  • After April 2017, some of these banks that had offices in Mauritius and Singapore moved them to France after the Indian government changed the tax agreements on share transactions done via the island nation.
  • Prior to that, Mauritius was the most preferred route for foreigners as it offered zero taxes on investments.