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of <h1>India and Isle of Man Agreement Enables Tax Information Exchange for Better Administration and Enforcement</h1> An agreement between the governments of India and the Isle of Man was established to facilitate the exchange of tax-related information. Signed on February 4, 2011, and effective from March 17, 2011, the agreement allows for the exchange of information necessary for tax administration and enforcement, covering all taxes imposed by India and taxes on income or profit in the Isle of Man. The agreement includes provisions for confidentiality, cost-sharing, and the possibility of declining requests under certain conditions. It remains in force until terminated by either party, with specific procedures for termination outlined.
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