BESS cost breakdown in Mauritius 2026

What does the 2025-2026 budget mean for Mauritius?

Unveiled on Thursday, June 5, by Prime Minister and Minister of Finance Navin Ramgoolam, the 2025–2026 Budget signals a strategic shift in Mauritius' economic direction. This first budget under the new government comes amid heightened economic strain, with public debt at 90% of GDP and a budget deficit of 9.8%.

Should the budget revamp Mauritius as a trusted jurisdiction?

We regret to note that there are no meaningful measures to alleviate the compliance obligations for the business community. ► Overall, we reiterate our plea to ensure that the Budget should revamp Mauritius as a trusted jurisdiction to undertake genuine business operations.

Why is the bank of Mauritius tasked with addressing structural economic imbalances?

The groups. With inflation successfully controlled at 2.6% budget was expected to address structural economic imbalances , as of April 2025, the Bank of Mauritius has been tasked including the budget deficit, trade deficit, and national debt, while with ensuring monetary stability to preserve purchasing also driving export-oriented growth. power.

What are the key tax measures in Mauritius?

Key tax measures include: Additionally, the Economic Development Board (EDB) now focuses on “Innovative Mauritius” and productive investments, i. 20% income tax for earnings above Rs 1 million moving away from IRS, PDS, and Smart City projects. annually.

When will Mauritius introduce a domestic minimum top-up tax (DMTT)?

The Domestic Minimum Top-up Tax (DMTT) will apply on income derived as from 1st July 2025. − Appropriate measures will be introduced to retain the competitiveness of the Mauritius International Financial Services Sector. Mauritius first announced the introduction of a Domestic Minimum Top-up Tax (DMTT) in 2022.

How will Mauritius retain its competitiveness?

Appropriate measures will be introduced to retain the competitiveness of the Mauritius International Financial Services Sector. Mauritius first announced the introduction of a Domestic Minimum Top-up Tax (DMTT) in 2022. The Government has now confirmed that the DMTT will apply to income derived from 1st July 2025.