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The Mauritius Revenue Authority (MRA) is a parastatal organisation in Mauritius, it is the Revenue Authority of the Mauritian Government and operate under the aegis of the Ministry of Finance and Economic Development.
The economy of Mauritius is a mixed developing economy based on agriculture, exports, financial services, and tourism. [14] Since the 1980s, the government of Mauritius has sought to diversify the country's economy beyond its dependence on just agriculture, particularly sugar production.
The Central Bank of Mauritius falls under the department and is accountable to the minister. Often considered as the post of the most eligible future prime minister, the minister of finance plays a rather important role in a government as it may decide if the economics policies brought forward by the political party in power are good or rather ...
E-payment is now a reality at the Mauritius Revenue Authority, tablets and wifi have been introduced at school. Hon. Duval's vision is to make Mauritius movie towards a higher wage economy. The country is already a renowned financial centre of excellence and the Minister of Finance has spared no efforts to improve its legal framework.
According to the tax treaty between India and Mauritius, capital gains can only be taxed in Mauritius, the same treaty exist with 16 other countries. Thanks to its low 3% capital gains tax , quality regulatory framework, professional labor, geographical proximity, cultural affinities, and historical ties with India, Mauritius is the most ...
A thirteenth salary, or end-of-year bonus, is an extra payment sometimes given to employees at the end of December.Although the amount of the payment depends on several factors, it usually matches an employee's monthly salary and can be paid in one or more installments (depending on the country).
During that time, Mauritius had the labour capacity, and Mauritian women preferred working in the factory instead of working on the sugar plantations due to the lower working hours (8 hours in factory instead of 12 hours on the sugar plantation) and the higher pay (3-5 rupees per day in factory work instead of 2-2.5 rupees per day on sugar ...
On the bottom-left is the coat of arms of Mauritius. There is also a drawing of the Bank of Mauritius building and a portrayal of the statue of justice in the background of each of the denominations in the centre of the note. The value of the note is in the top-right corner with the "Rs" symbol in front the value.