<h1>India Joins Global Tax Cooperation Pact to Combat Evasion and Boost Transparency with 32 Nations.</h1> India signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, amended by the 2010 Protocol, on January 26, 2012. This convention, originally for OECD and Council of Europe members, was opened to all countries in 2011 to enhance global tax cooperation, combat tax evasion, and improve information exchange. With 32 signatories, including major economies like the United States and United Kingdom, the agreement supports transparency, multilateral cooperation, and tax recovery assistance. It also allows for simultaneous tax examinations and sharing of past information in criminal tax matters, aiding efforts against money laundering and tax avoidance.