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<h1>India and Japan Update Tax Agreement to Enhance Information Exchange and Combat Evasion, Effective November 30, 1974.</h1> The Governments of India and Japan have agreed to modify their existing agreement to avoid double taxation on income, initially signed in 1960 and supplemented in 1969. The modified agreement, effective from November 30, 1974, mandates the exchange of necessary information between the two countries to prevent tax evasion or avoidance. This exchange is confidential and can be routine or case-specific, without breaching legal or public policy constraints. The agreement specifies applicability periods for both countries and will remain in force as long as the original agreement and protocol are active.