<h1>India-SVG Pact Boosts Tax Info Exchange & Collection, Targets Offshore Evasion and Black Money with Enhanced Cooperation.</h1> The Union Cabinet of India has approved an agreement with Saint Vincent and The Grenadines to exchange information and assist in tax collection. This new agreement aims to facilitate the sharing of tax-related information, including data held by banks and financial institutions, and assist in tax claim collections. It includes provisions for tax examinations abroad, allowing representatives to conduct interviews and examine records within legal limits. This agreement is expected to enhance cooperation in combating offshore tax evasion and avoidance, addressing unaccounted black money, and promoting tax cooperation between the two nations.