MRA launches the e-Invoicing Project

The Mauritius Revenue Authority has come forward with the implementation of an e-Invoicing project. E-Invoicing is a process of generating invoices and associated documents in electronic file format which allows the transfer of billing information between the seller, the tax authority, and the buyer. It comprises the Electronic Billing System (EBS) and the Invoice Fiscalisation […]

Key Repo Rate increases by 100 basis points

On 4th November 2022, the Monetary Policy Committee (MPC) of the Bank of Mauritius raised the Key Repo Rate by 100 basis points to reach 4%. Since last year, the MPC has raised the Key repo rate by 215 basis points cumulatively.  As per the BOM, this rise is principally in response to the persisting […]

Prime a l’Emploi Scheme

Following the introduction of the Prime a l’Emploi” Scheme in the Finance Act, whereby a monthly allowance of up to Rs 15,000 will be provided for the first year of employment of only 10,000 youths aged between 18 and 35 years and women aged up to 50 years, MEXA organized a working session with the […]