Indian Tax Agreements Combat Tax Evasion and Promote International Cooperation.
Tax information exchange agreements are important for countries like India to combat tax evasion. These agreements help in sharing tax-related information between countries to prevent people from hiding income in tax havens. By negotiating more of these agreements, India can reduce tax evasion significantly. The paper discusses the features of Indian tax information exchange agreements, the historical background, the peer review process, and the steps involved in exchanging tax information. Overall, these agreements are crucial for addressing tax evasion and harmful tax practices in India.