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<h1>India and Maldives Sign Agreements on Tax Cooperation: Exchange of Information and Avoidance of Double Taxation in Air Transport.</h1> The Governments of India and the Maldives signed two agreements to enhance tax cooperation. The first agreement focuses on the exchange of tax information, adhering to international transparency standards, covering all types of taxes imposed by both countries. This aims to curb tax evasion and avoidance through effective information exchange. The second agreement addresses the avoidance of double taxation on income from international air transport, ensuring that airline enterprises from each country are taxed only in their home country. This provides tax certainty and includes a mutual agreement procedure for resolving interpretative issues.