Foreign direct investments into India from low-tax regimes such as Mauritius, Singapore and Cyprus accounted for 52.6 per cent of the total flows into the country in the first four months of the current fiscal.
The latest performance restores to these three countries the record of accounting for more than half of the annual flows that they had enjoyed in all the earlier years, barring the last two fiscals. Their contribution had slipped to 45 per cent in 2010-11 and 48 per cent in 2011-12.
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