<h1>India Enforces 85 Double Taxation Avoidance Agreements to Boost Economic Cooperation and Prevent Double Taxation.</h1> India has signed 88 Double Taxation Avoidance Agreements (DTAAs), with 85 currently in force, including agreements with South Korea and Sri Lanka. These agreements allocate taxation rights between the source and residence states for business profits, international shipping and aviation operations, and income from dividends, interest, royalties, and capital gains. DTAAs also provide for the exchange of tax-related information, fostering economic cooperation and tax certainty for residents. They aim to prevent double taxation and promote investment, technology, and services flow between treaty countries, as stated by a government official in a parliamentary response.