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of <h1>India and China Update Double Tax Agreement to Prevent Fiscal Evasion, Align with International Standards, Include BEPS Changes.</h1> The governments of India and China have amended their Double Taxation Avoidance Agreement (DTAA) to prevent double taxation and fiscal evasion concerning income taxes. The Protocol, signed on November 26, 2018, updates provisions for information exchange to align with international standards. It also incorporates changes to implement treaty-related minimum standards under the Base Erosion and Profit Shifting (BEPS) Project, which India participated in equally. Additionally, the Protocol includes BEPS Action report changes agreed upon by both countries.
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