Finance Bill 2022 – An overview for businesses

On 22 July 2022, the Cabinet approved the introduction of the Finance (Miscellaneous Provisions) Bill 2022 into the National Assembly. The object of the Bill is to provide for the implementation of the measures announced in the Minister of Finance’s Budget Speech 2022-2023. The Bill will be debated and voted at the National Assembly in […]

PRGF v/s Private Pension Funds (Report by Le Mauricien)

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This is an article authored by Magali Frédéric reporting for Le Mauricien. The article was published in Le Mauricien’s printed edition of 02 February 2022. It gives an overview of the issues relating to the Portable Retirement Gratuity Fund (PRGF) that were discussed during a webinar delivered by Bilshan Nursimulu (Partner, Orison Legal) on 24 […]

The Social Contributions and Social Benefits Act – Briefing Note

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The Social Contribution and Social Benefits Act was enacted on 30 July 2021. In a nutshell, it repealed the Contribution Sociale Généralisée Regulations 2020 (the “CSG Regulations”) and amended the National Pensions Act as explained below. This note summarises the changes brought by the Act. It does not, however, deal with all aspects of the […]

Finance Bill 2021 – Summary for Businesses

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The objective of the Finance Bill is to provide for the implementation of measures announced in the Budget Speech 2021-2022. This note summarises its key proposals, which will be debated and voted at the National Assembly in the coming weeks. It aims to provide a basic understanding of the proposed measures that are relevant to […]