Exchange of tax information: mutual assistance on request with confidentiality and defined procedural safeguards. Agreement obliges competent authorities of India and Seychelles to exchange, upon request, tax information foreseeably relevant to administration, assessment, collection, recovery and enforcement of taxes, including bank and beneficial ownership records, with specified procedural content for requests, duties to use available information gathering measures, timelines for acknowledgment and response, confidentiality protections limiting use and disclosure, limited grounds for declining assistance, cost allocation rules, implementation obligations, a mutual agreement procedure, and entry into force and termination provisions.